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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

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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