London overtakes NYC in biggest real estate exposure for this $1T sovereign wealth fund

By the end of 2017, the world’s largest sovereign wealth fund had more real estate exposure in London than in New York City. Norway’s $1 trillion wealth fund Norges held 22.8 percent of its real estate portfolio in London, Bloomberg reported. New York City followed at 21.5 percent and then Paris at 19.1 percent at the end of 2017, a report release by the fund on Tuesday. At the end of 2017, the fund had […]

Source: Real Estate

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