Norges Bank Investment Management aims to make the most of the fund's two distinguishing characteristics, its long-term approach and its considerable size, to generate strong returns and safeguard wealth for future generations.
We aim to invest in a wide range of countries, companies and assets to obtain the highest possible return with moderate risk as laid down by the Ministry of Finance. The fund cannot be invested in Norway.
Our goal is to build a global, but concentrated, real estate portfolio. The strategy is to invest in a limited number of major cities in key markets.
The Fund's first
were made in 2013
Investments in real estate accounted for 3.1 percent of the fund at the end of third quarter 2016. The real estate share will be increased to as much as 5 percent of the fund value. New investments will generally be in well-developed markets and in office and retail properties.