EUR 26.5 billion property investor says offices remain a good bet
The head of real estate at Norway’s EUR 884 billion (USD 1 trillion) sovereign wealth fund, the world’s biggest, says he expects office space to stay in demand, even though the covid-19 crisis will leave its mark.
BY MIKAEL HOLTER / BLOOMBERG
Karsten Kallevig, who oversees the Norwegian wealth fund’s EUR 26.5 billion (USD 30 billion) real-estate portfolio, said, “It’s hard for me to see that the entire concept of space will disappear, that people would no longer be willing to pay for it.”
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