September 5, 2017 / 8:31 AM / 2 months ago

Norway's wealth fund appoints Europe, U.S. real estate investment chiefs

OSLO (Reuters) - The Norwegian sovereign wealth fund’s real estate investment unit has appointed Per Loeken and Romain Veber as chief investment officers for the United States and Europe respectively, it said on Tuesday.

Both come from senior positions in the real estate unit, known as Norges Bank Real Estate Management.

“The investment strategy is to invest at a steady pace. The investments will be split evenly between Europe and U.S., and dedicated Chief Investment Officers are appointed in each market,” the fund said.

Reporting by Camilla Knudsen, editing by Terje Solsvik

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