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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Azerbaijani state oil fund expands scope of real estate investments

Posted on 09 January 2013

The State Oil Fund of Azerbaijan (SOFAZ) is considering an opportunity to buy property in Turkey, Singapore, Indonesia and Malaysia, SOFAZ said. SOFAZ said that in particular variants of purchasing property in Istanbul and central cities of Singapore, Indonesia and Malaysia are being considered.
“At present, all the variants are being considered, analysed and evaluated,” SOFAZ said. “Depending on the research results in this area and in accordance with SOFAZ’s investment strategy for 2013, the final decision will be made.”……………………………………….Full Article: Source


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