Norway SWF manager doubles leadership team

Norges Bank Investment Management sets up separate real estate ‘leader group'

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Norges Bank Investment Management (NBIM), the arm of Norway's central bank, which manages the country's $884 billion sovereign wealth fund, is expanding its leadership team as it looks to step up investments in real estate.

The NBIM announced today it will double the size of its 'leader group' to 12 members and set up a leadership team devoted to real estate investments "to provide increased managerial resources ahead of the upcoming enlargement of [its] real estate organisation".

The unit also

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