Norway Wealth Fund Boosts Its Biggest Real Estate Company Stakes
This article is for subscribers only.
Norway’s $1.3 trillion sovereign wealth fund increased its stakes in the four property companies where it has the biggest absolute positions among real estate stocks.
The fund ended the year with an almost 15% stake in Germany’s Vonovia SE, valued at $2.7 billion, compared with a 11% stake a year earlier, when it was worth $4.8 billion, according to holdings posted on Tuesday on Norges Bank Investment Management’s website. It discloses the contents of its portfolio once a year.