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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

UK’s Birmingham eyes asset sales, SWF cash

Posted on 22 September 2010

From Tradearabia.com: Birmingham council leaders are in talks with Middle East sovereign funds, hoping to plug a budget hole selling some of the billions of pounds of trophy assets owned by Britain’s second city.
The NEC - the country’s biggest exhibition centre, prime real estate and a stake in Birmingham Airport could all be up for grabs, councillors said, as they look to fund big capital projects at a time when the national government is demanding deep spending cuts……………………………………….Full Article: Source


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