14.11.2011 - Norway oil fund to buy $396 mln of Paris property with Axa
Norway’s $570 billion oil fund and Axa SA’s real estate asset management unit agreed to buy three Paris office buildings for 290 million euros ($396 million), their second portfolio acquisition in the French capital. The venture is purchasing the properties from SEB ImmoInvest, a Frankfurt-based fund that’s selling assets to return money to investors after halting redemptions...............................................Full Article: Source
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