NBIM's real estate chief plans to leverage the secondary market to expand the portfolio.
The chief of Norges Bank Investment Management's real estate division has indicated a strategy to utilize secondary market transactions as a tool for growing their real estate holdings.
This approach suggests a proactive method for asset acquisition and portfolio adjustment, focusing on existing market opportunities rather than solely primary development.
> 💡 For investors: This highlights a growing trend where large institutional investors are actively engaging with secondary markets, potentially increasing liquidity and creating new avenues for portfolio diversification in European real estate.
Source: Pei Secondaries Investor