Norges Bank Investment Management’s Post

🏢 Kick-starting 2025 with three big, new real estate deals from the fund 📈 ▶️ Expanding ownership in #Boston, #SanFrancisco and #WashingtonDC 🇺🇸 We have acquired an additional 50.1 interest in eight office properties across three major cities in the #US from Nuveen, a TIAA company. With this acquisition, the fund will hold a 100 percent ownership interest in the assets. "In a period of heightened dislocation in the office sector, we see this as an opportune moment to invest. By taking full ownership of nearly 3.7 million square feet across Boston, San Francisco, and Washington, D.C., we're demonstrating our conviction that well-located, high-quality office buildings will continue to deliver long-term value. Furthermore, we believe the continued relationship with Nuveen Real Estate will support delivering long-term value to our fund", says Per Sverdrup Løken, Global Co-Head Unlisted Real Estate. Read more here: https://lnkd.in/dhG9wja8    ▶️ New investment in US logistics 🇺🇸 In a new joint venture with Goodman Group we have acquired a 45 percent interest in a logistics portfolio in the US, compring 48 buildings in Southern #California, #NewJersey, and #Pennsylvania 📦 “The portfolio exemplifies high quality buildings in excellent locations. We have long-term conviction in the investment, and we also see appealing growth potential, given the restrictions on new supply in these locations”, says Ed Lerum, Head of Global Logistics Real Estate.  Read more here: https://lnkd.in/dPXHEe-w    ▶️ New investment in #Paris 🗼🇫🇷 With completion expected in the first quarter of 2025, the fund acquired an 80 percent stake in Trinity Tower, an office property location in Paris La Défence, through a new partnership with Unibail-Rodamco-Westfield. The property comprises approximately 50,000 square meters of office space. “Today's dynamic real estate environment offers selective opportunities for those ready to act decisively”, says Guilain Decrop, Head of Continental Europe, Unlisted Real Estate.   Read more here: https://lnkd.in/diaQji4H Photos by Goodman, Nuveen and Cro & Co Architecture, Luc Boegly. #logistics #realestate #real #estate #oljefondet #NBIM #realassets

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    +7

Bra å investere i eiendom, fortsett med det.

With this tempo how much realestate have you direct and directly in %

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Hassaan Alam

The Alam Group | Kings Builders | Kings Private Equity Group (KPEG) | Real Estate Consultant | Commercial & Residential Real Estate | Tevas Real Estate Group

2mo

Congrats!

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Rolf HORN

Vice President - Cercle Norvégien de Paris | Den Norske Klubben i Paris 🇳🇴🇫🇷

2mo

Great to see that NBIM is continuing to invest in real estate in Europe🇪🇺, and especially in France🇫🇷

Andreas Bjorke Hellerslien

(BDes) Major Interior Environments with Futures Design Research Contents & Business Management

2mo

lol 😂 don’t forget your domestic and international domestic taxes by your own government too 😅😂🤣 Else non point say to others to pay abroad too

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