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Norway oil fund to enter Asian real estate market

And it says it's targeting an investment horizon of 'forever'
Saturday, November 15, 2014 - 05:50
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MR KALLEVIG: 'In Asia, we have done a lot of work and we'll probably pick two cities to start with, hopefully in 2015.'

Oslo

TARGETING an investment horizon of "forever", Norway's US$860 billion oil fund plans to enter the Asian real estate market next year and aims to broaden its asset range to include anything from new developments to refurbishments, it says.

Stepping up its activity after a