Norway’s SWF adds further $560m of property to portfolio

- Central Banking Newsdesk
- 08 Oct 2012

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Norwegian Government Pension Fund Global today revealed it had purchased a 50% stake in the Meadowhall shopping centre in the UK for £348 million ($560 million).

A spokesman for Norges Bank Investment Management (NBIM), an arm of the central bank responsible for managing the sovereign wealth fund, said the purchase was made as part of efforts to increase the proportion of the fund invested in real estate. The Norwegian ministry of finance decided in 2010 that up to 5% of the fund should be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com