Norway SWF mulls over US$86b injection into properties

Oslo

THE world's biggest wealth fund says the optimal level of property investments may mean putting another US$86 billion into real estate, singling out Asia as a hot spot for growth.

Norway's US$860 billion fund, whose mandate is set by the government, was in 2010 allowed to invest 5 per cent in the property market and is now studying whether it should add more to its portfolio.