Norwegian SWF manager buys major London development

NBIM chief executive Yngve Slyngstad

Norges Bank Investment Management (NBIM), which manages Norway's sovereign wealth fund, announced today (September 21) it has acquired "a 100% interest" in a large property in the heart of London.

NBIM paid $373m for the entities that own the 95-year leasehold interest in the West One Shopping Centre and 75 Davies Street, described as a 90,000 square foot retail and office property. The development is located above the Bond Street underground railway station, in a district of central London asso

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: