14.11.2011 - Norway Pension, Axa pay EUR290mln for 2nd Paris package
Norway’s Pension Fund, the nation’s giant €401bn sovereign wealth fund, is to make a second purchase in Paris in its joint venture with AXA Real Estate - a €290m office portfolio due to be completed in an off-market deal at the end of the year. Norges Bank Investment Management, which manages the Government Pension Fund Global, Europe’s largest SWF, added its first French property package in August when it took over a 50% interest in seven AXA RE office assets for €1.4bn...............................................Full Article: Source
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