You are here

Norway's wealth fund cuts value of UK real estate after Brexit

Oslo

NORWAY'S US$890 billion sovereign wealth fund, the world's biggest, took the step of independently cutting the value of its massive UK real estate portfolio by 5 per cent after Britain voted to leave the European Union.

"It's an extraordinary measure," deputy chief executive...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes