Norway — Norges Bank Investment Management has acquired a 45 percent interest in a logistics portfolio in the US, comprising 48 buildings in Southern California, New Jersey, and Pennsylvania, in a new joint venture with Goodman Group.

Norway — The partnership between Norges Bank Investment Management (the Norwegian Oil Fund) and Prologis has acquired a portfolio of seven logistics properties located in Germany, Italy, Spain and the UK.

Norway — In the first half of 2022, the Government Pension Fund Global – which invests in several real estate companies – returned -14.4 percent, equivalent to NOK -1 680 billion.

Norway — Norges Bank Investment Management has signed an agreement to acquire a 50 percent interest in Sony Center, a mixed-use property located on Potsdamer Straße 4 in Berlin, in a joint venture with Oxford Properties.

Norway — The partnership between Norges Bank Investment Management and AXA France has signed an agreement to sell the ‘Society Lorette’ property located on 24-26 rue Le Peletier, 23-25 rue de Provence and 15-17 rue Chauchat in Paris.

Norway — The partnership between Norges Bank Investment Management and Prologis has acquired a logistics property in Greenford, UK, located within Greater London.

Norway — In a letter to the Ministry of Finance, Norges Bank presents the work on its strategy for real estate investments in the Government Pension Fund Global.

Norway — Norges Bank Real Estate Management has acquired 100 percent of the long leasehold interest in 355-361 Oxford Street, a 59,000 square foot retail and office property in central London.

Norway — The limit for the Norwegian Oil Fund (NBIM’s) real estate allocation is increased from five to seven percent.

Norway — The Norwegian Oil Fund (NBIM) returned ten percent on their real estate investments during 2015. The fund’s total return was 2.7 percent.

Norway — Karsten Kallevig has been appointed Chief Executive Officer of Norges Bank (The Oil Fund) Real Estate Management. He will start in the new position on 1 January 2016.

Norway — Norges Bank Investment Management has entered into contract to acquire a 44 percent interest in a portfolio comprising 11 office properties in New York City, in a joint venture with Trinity Wall Street.

Norway — Norges Bank Investment Management (Norwegian Oil Fund) has acquired a 100 percent interest in the West One Shopping Centre and 75 Davies Street, a 90,000 square foot retail and office property located above Bond Street Underground station in London.