Norway's $1t wealth fund makes first Asia property deal with Tokyo acquisition

Norway's $1t wealth fund makes first Asia property deal with Tokyo acquisition

Tokyo. Photo by Riccardo Chiarini on Unsplash

Norway’s $1 trillion sovereign wealth fund has made its first real estate investment in Asia by acquiring a 70 percent stake in five properties in Tokyo and hopes to do more property deals in the Japanese capital, it said on Thursday.

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