| Norway's $840-billion sovereign wealth fund purchased a 94.9 percent stake in several firms that own two office buildings in Munich's Lenbach Gärten quarter, the fund said on Tuesday. The fund purchased the stakes from AM Alpha GmbH for a total consideration of 176.1 million euro, including 75 million euro of third-party debt, it said in a statement.
The buildings have 29,000 square meters of total leasable area and are primarily leased to McKinsey & Company Inc. and Condé Nast Verlag GmbH...............................................Full Article: Source
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