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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Azeri Oil Fund to start property investment: Dasinmaz

Posted on 04 May 2012

Azerbaijan’s State Oil Fund, also known as Sofaz, will start investing in real estate in three to four months as it seeks to increase returns and diversify its holdings, Dasinmaz Amlak magazine reported.
Sofaz will initially invest in commercial real estate in business centers of some European cities with transparent market environment and high liquidity, Israfil Mammadov, head of Sofaz’s fund management department, told the state-run magazine………………………………………..Full Article: Source

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