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Monday, 03/01/2010 12:23:45 PM

Monday, March 01, 2010 12:23:45 PM

Post# of 3894
norway oil fund to invest in r/e

norway's $440 billion sovereign wealth oil fund has been given the ok to invest up to 5% of its assets in traditional real estate. maybe another sign that r/e is at or near a bottom. this is probably a good sign on one which ggp can use in support of its efforts to tap the equity markets for the recap and its exit from bk.

http://www.businessweek.com/news/2010-03-01/norway-gives-approval-for-oil-fund-to-buy-real-estate-update1-.html
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