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Sovereign Wealth Funds Briefing - Categorized | Investment

Norway wealth fund in talks to buy Broadgate stake

Posted on 10 June 2013

Norway’s sovereign wealth fund is heading a list of investors vying for Blackstone’s 50 per cent share of Broadgate, the vast City of London office and retail complex, in what would be one of the largest UK property deals since the financial crisis.
Norway’s $740bn sovereign wealth fund, the world’s largest, has opened talks with the private equity group over the estate, according to people familiar with the situation. Other interested parties include the Canadian developer Brookfield and Rreef, the property investment arm of Deutsche Bank………………………………………..Full Article: Source


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