Norwegian sovereign wealth fund’s real estate strategy pays off

Norvège
On the 06.05.20 at 7:18AM

by

Tuba Raqshan

Despite the €1trn Government Pension Fund Global (GPFG) achieving an annual return of 7.7% percent after costs over ten years, NBIM CEO Yngve Slyngstad predicts road bumps in 2020.
Yngve Slyngstad, CEO of Norges Bank Investment Management (NBIM)

At a virtual presentation of the ten-year review of the real estate division, the CEO of Norges Bank Investment Management (NBIM), which manages the fund, said, “Real estate will change, and it will change fundamentally.”

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