Analysts say sovereign wealth funds will be making major investments in real estate
investment trusts, helping to fill the gap in domestic liquidity.
The second-largest sovereign wealth fund, Norway Government Pension
Fund, recently allocated 5 percent of its assets to real estate,
infusing $20 billion into the market. The world has about 50 sovereign
wealth funds, which control $3.85 trillion, and 10 to 15 percent of
their assets are invested in real estate.
Sovereign wealth funds turn to real estate
July 31, 2008 11:13AM
