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| Economy |
| Norway Wealth Fund Bought NYC office building from California Teacher's Fund |
| 2025-09-02 |
| [YahooFinance] OSLO (Reuters) -Norway's sovereign wealth fund said on Tuesday it has bought a 95% stake in an office property located along New York City's Avenue of the Americas. Norges Bank Investment Management will pay $542.6 million for the stake, valuing the property at $571.1 million, it added. A unit of Beacon Capital Partners will buy the remaining 5% and manage the building on behalf of the two investors, the Norwegian fund said. The seller of the property is a joint venture between the California State Teachers' Retirement System and Silverstein Properties, the fund added. ---------------------------- the California Teachers Retirement Fund (which requires fiduciary review) may have a more pessimistic view of Mamdani's program than the Norwegians. Related: Norway: 2025-09-01 While the scourge of Latvian pedophiles sits for 'spying for Russia,' they are operating again Norway: 2025-09-01 Norway to Buy Fleet of British-Made Frigates For Its Navy Norway: 2025-08-27 Why Europe pretends the Two-State Solution still exists Related: Sovereign wealth fund: 2025-08-19 Europe anti-Israel round-up: stupid little stuff from France, Norway, Irish writer, all for love of Hamas/hate of Israel Sovereign wealth fund: 2025-08-14 Interview: Takeover of Gaza City could cost Israel NIS 100 billion (5% of GDP) expert estimates Sovereign wealth fund: 2025-08-10 'Bridges' to Arms and Money: UAE Becomes Russia's Most Important Partner |
| Posted by:Lord Garth |
| #3 |
| Posted by: Grom the Affective 2025-09-02 12:44 |
| #2 |
| Posted by: trailing wife 2025-09-02 12:15 |
| #1 |
| Posted by: Grom the Affective 2025-09-02 11:58 |