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Norway sovereign wealth fund buys 45% stake in US real estate portfolio for $1b

Norway sovereign wealth fund buys 45% stake in US real estate portfolio for $1b

US Dollar notes photo by Pixabay

Norway’s sovereign wealth fund said on Friday it had acquired a 45% stake in a portfolio of logistics properties in the United States from the Canada Pension Plan Investment Board in a new joint venture with Goodman Group for $1.07 billion.

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