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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

SOFAZ to be affected by decline in London-based offices’ value

Posted on 13 October 2016

Property market is a volatile market and decline and rise in values in here are normal, SOFAZ Executive Director Shahmar Movsumov at the press conference.
According to him, SOFAZ sees these investments as a long-term investment: “Decline and rise in values of the offices directly affect the leasers. We signed a long-term contract with our lessees. Amounts to be received from lease are known. Of course, we are affected by decline and rise. SOFAZ properties are estimated by international auditors. We measure everything with the real prices”………………………………….Full Article: Source


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