OSLO May 2 Norway's $935 billion sovereign
wealth fund, the world's largest, has not found suitable real
estate projects in Tokyo and Singapore, despite long-standing
plans to invest in the two Asian capitals, the fund's chief
executive said on Tuesday.
"We do not see attractive property projects in Singapore and
Tokyo today," Yngve Slyngstad said during a hearing in the
Norwegian parliament's finance committee.
In recent years the fund has bought billions of dollars
worth of real estate in European and U.S. cities, including
London, Paris and New York.
(Reporting by Gwladys Fouche, editing by Terje Solsvik)