Morrisons has announced national closures as part of its continued transformation plan under boss Rami Baitieh. The major overhaul of store operations will mean the closure of 52 cafes, all 18 ...

Norway’s sovereign wealth fund, the world’s biggest, has struck a hefty £570mn deal to acquire a quarter of the Covent Garden estate. Norges Bank Investment Management (NBIM), announced today ...

Norway has bought a £570m slice of London’s Covent Garden after reaping bumper oil profits following Russia’s invasion of Ukraine. Norges Bank, the state-owned fund that manages the country ...

Shaftesbury Capital has sold a quarter of Covent Garden to Norwegian oil fund Norges for £570m in the latest bet by Noway’s sovereign wealth fund on the capital. Under the terms of the contract ...

portfolio of prime property around London’s Covent Garden district, according to a statement on Thursday. The transaction, set to conclude in April, will hand £570 million in cash to Shaftesbury.

NBIM said the portfolio comprises 1.5 million square feet properties, predominantly used for retail and leisure purposes, within the London districts of Covent Garden and Seven Dials. London ...

Norges will pay £570mn in cash for a one-quarter share of Covent Garden, which will continue to hold £380mn of debt against its £2.7bn property value © Zoonar ...

The funds will give Shaftesbury a huge war chest for buying further properties in the Covent Garden are as well as in Soho. The Covent Garden portfolio generates annual income of £104 million on ...

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Norwegian sovereign wealth fund adds stake in West End estate to its growing portfolio of UK retail assets.

Forty young male dancers have taken part in a flash mob performance in London's Covent Garden. Dorset dance teacher Natalie Pearl, from Bournemouth, led the event on Sunday in collaboration with ...

Morrisons is to relaunch its Market Street proposition as part of an overhaul of the retailer’s trading team dubbed “Morrisons Magic”. The Grocer can reveal that group trading director Andrew ...