World’s biggest sovereign fund enters Asian property market
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Today in History February 19

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Press agenda on February 19

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brecorder
3 months ago

World’s biggest sovereign fund enters Asian property market

OSLO: Norway s sovereign wealth fund, the world s biggest at more than $1 trillion, has made its first investment in the Asian real estate market, the Norwegian central bank said on Thursday. The fund, which has already invested in property in Europe and North America, paid 92.75 billion yen ($887.5 million) for a 70 percent stake

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