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Axa Investment Managers SA and Norway’s sovereign-wealth fund agreed to buy two buildings in Frankfurt and Berlin for 784 million euros ($1 billion), the biggest German commercial real estate transaction this year.
The properties were sold by Royal Bank of Scotland Group Plc in a deal that will probably be completed by the end of the year, Axa Real Estate and Norges Bank Investment Management said……………………………………….Full Article: Source
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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market
Axa teams up with Norwegian wealth fund to buy German properties
| Posted on 11 October 2012 |
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