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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Ethical/Green Investments

Norway’s pension fund divests from Israel’s largest real estate firm

Posted on 20 June 2012

Norway’s finance ministry has excluded Shikun & Binui from the Government Pension Fund Global (GPFG), the largest pension fund in Europe, over its construction of illegal Israeli colonies in East Jerusalem. Analysts have described the company as Israel’s largest real estate business.
The Norwegian government has previously divested from Israeli military company Elbit, as well as Africa Israel Investments and Danya Cebus, two other construction companies involved in building illegal settlements………………………………………..Full Article: Source

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