Tag Archives: Norges Bank Investment Management

Norges and AXA Real Estate tie up for ‘big ticket’ senior debt JV

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Norges Bank Investment Management (NBIM) and AXA Real Estate Investment Managers have entered into a European commercial real estate loan co-investment programme targeting individual large senior loans of up to €600m, marking the entry into senior debt by the world’s … Continue reading

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Norges seeks feasibility analysis on senior debt market entry

Norges Bank Investment Management (NBIM) has issued a request for proposal (RFP) for a feasibility analysis of the European real estate debt landscape which would pace the way for the world’s largest sovereign wealth fund to enter senior debt lending. … Continue reading

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RBS’ global non-core CRE lending falls by £6.5bn year to date

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Royal Bank of Scotland reduced its non-core global commercial real estate lending by £1.9bn over the third quarter, taking the running year-to-date total de-leveraging to £6.5bn reducing the bank’s unwanted secured property lending exposure to £25.0bn. The non-core real estate … Continue reading

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RBS sells Pegasus towers for €784m to AXA RE and NBIM

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Royal Bank of Scotland has sold the two centrepiece office towers in the German Pegasus portfolio to AXA Real Estate Investment Management and Norges Bank Investment Management for €784m, in a cash purchase that further cements a joint venture partnership … Continue reading

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Norges ‘under offer’ on BL and L&S’ bond-backed Meadowhall

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Norges Bank Investment Management, the world’s largest sovereign wealth fund, has gone under offer to buy a 75% stake of Sheffield’s Meadowhall shopping centre for between £1.15bn and £1.2bn, CoStar News understands. Norway’s Norges has been in talks, advised by CBRE, … Continue reading

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