Norway’s Wealth Fund to Invest $11 Billion in U.S. Real Estate

Norway’s Wealth Fund to Invest $11 Billion in U.S. Real Estate

Chris Ratcliffe/Bloomberg

Norway, Europe’s second-biggest oil and gas exporter, generates money for the fund from taxes on oil and gas, ownership of petroleum fields and dividends from its 67 percent stake in Statoil ASA , the country’s largest energy company.