Norway’s sovereign fund buys real estate in Czech Republic, Poland, Hungary

Meanwhile, the joint venture between Norges Bank Real Estate Management and Prologis has sold three logistics properties in France. Prologis owns six logistics parks with a total of 55 buildings in the Czech Republic, four of them in the vicinity of Prague, one near Ostrava and one near Plzeň. Managed by the Norwegian Central Bank, Norway’s sovereign wealth fund is the world’s largest state-owned investment fund. The fund invests surplus money generated by the Norwegian petroleum sector, investing it in shares, bonds and real estates. (Novinky)



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