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Property Investor Europe News

Norway fund's 3% in German alstria confirms faster real estate build

06 May 2013, 10:33 PM

Norwegian central bank Norges Bank, which manages the giant Government Pension Fund Global, has declared a stake of over 3% in German REIT alstria. The move supports calculations in Monday's Financial Times that the world’s largest sovereign wealth fund has accelerated property acquisitions 10-fold.