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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

State Oil Fund to determine priorities for real estate investments in Turkey

Posted on 28 September 2012

The State Oil Fund of Azerbaijan (SOFAZ) is starting to invest in real estate in Turkey, a Turkish government source reported to Trend. “The State Oil Fund is currently considering proposals. Commercial office property in the country’s private sector is particularly preferred,” the source said.
He said SOFAZ is considering the purchase of property in Istanbul. However, the expansion of investments in property located in other Turkish cities is also possible in future………………………………………..Full Article: Source


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