London's food and nightlife scenes have been growing together for decades and have resulted in the phenomenon of the ...

According to popular legend, the Celtic Cross was introduced by St. Patrick when he was converting the pagans in Ireland to Christianity. (Although others claim it was St. Declan who introduced ...

Norway’s mighty oil fund has bought a quarter of Covent Garden in a fresh bet on London property. Norges Bank Investment Management, the world’s largest sovereign wealth fund, paid owner ...

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 ...

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.

The world’s largest sovereign wealth fund—Norway’s Norges Bank Investment Management (NBIM)—is buying a 25% stake in London’s buzzy Covent Garden worth £570 million ($739 million).

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 ...

Be among those who shape the future with knowledge. Uncover exclusive stories that captivate your mind and heart with our FREE 14-day subscription trial. Dive into a world of inspiration, learning, ...

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