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Norwegian oil fund buys chunk of Covent Garden
Scottish Daily Express
|March 21, 2025
SHAFTESBURY Capital has sold a quarter of Covent Garden to Norwegian oil fund Norges for £570million.
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Under the terms of the contract, Norges Bank Investment Management will buy a 25% non-controlling stake in the £2.7billion Covent Garden estate, which Shaftesbury will continue to manage.
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