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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Norway fund invests $722 mln in London property

Posted on 05 November 2010

From Bloomberg: Norway agreed to pay about 448 million pounds ($722 million) for 25 percent of London’s Regent Street, the first real-estate investment by the oil-rich country’s sovereign wealth fund.
The Norwegian Government Pension Fund Global will buy a share of 113 buildings on the West End street from the Crown Estate, the British monarchy’s property manager, according to a statement today……………………………………….Full Article: Source

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