NORWAY - The Government Pension Fund Global has made its first investment in real estate since it received the okay to invest in property in March.
The fund will pay £448m (US$730m) to buy a 150-year lease on a 25% stake in The Crowne Estate's Regent Street properties in London, the fund said today. In March, the Ministry of Finance directed the...
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A joint venture between the BAE pension funds and Immobilien Europa Direkt has acquired the Sofitel at Gatwick North Terminal with the help of Schroders.