05.11.2010 - Norway fund invests $722 mln in London property
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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