Norges Bank Investment Management news and archive

Norwegian sovereign wealth fund to buy Sheffield shopping centre Meadowhall

Meadowhall, an indoor shopping centre located in Sheffield, South Yorkshire, and one of the top five shopping destinations in the UK, is to be fully operated by Norway’s sovereign wealth fund. According to The Times, Norges, Norway’s 1.3 trillion pounds sovereign wealth fund, is in advanced talks to acquire British Land’s 50 per cent share of...

Design

The Crown Estate invests in Mayfair

The Crown Estate, the Queen’s property company, which owns assets across London’s West End, including Regent Street and StJames’s, is adding a slice of Mayfair after purchasing a majority stake in the Pollen Estate, which includes Savile Row and Cork Street. Partnering with Norges Bank Investment Management (NBIM), The Crown Estate purchased a...