12.10.2012 - Norway SWF adds German buildings to property portfolio
One of the world’s largest sovereign wealth funds has made its first foray into the German property market with a €784m deal for two buildings, as it continues to scout opportunities in major European cities. Norges Bank Investment Management, which manages $615bn on behalf of the Norwegian government pension fund, has agreed to acquire two buildings in Berlin and Frankfurt from Royal Bank of Scotland, the fund said on Wednesday...............................................Full Article: Source
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