MetLife Joins Norway Fund in U.S. Commercial Property Venture

MetLife Inc. (MET), the largest U.S. life insurer, joined Norway’s $810 billion sovereign wealth fund in a venture to invest in U.S. office properties.

The initial investment with Norges Bank Investment Management was in One Financial Center, a 46-story building in Boston, the New York-based insurer said today in a statement distributed by Business Wire.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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