"NBIM buys 25% stake in Covent Garden estate" was originally created and published by Investment Monitor, a GlobalData owned brand. The information on this site has been included in good faith for ...

Covent Garden’s biggest landlord Shaftesbury Capital has sold a 25% share in an estate that includes the world famous central piazza, to the Norwegian sovereign wealth fund for £570 million.

Shaftesbury Capital shares rose after the company said it was selling a 25% interest in its Covent Garden portfolio in London to Norway's sovereign wealth fund in a deal that values the estate at ...

Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Not since the Vikings has Norway embarked on quite the scale ...

Covent Garden’s biggest landlord Shaftesbury Capital has sold a 25% share in an estate that includes the world famous central piazza, to the Norwegian sovereign wealth fund for £570 million.

Under the terms of the contract, Norges Bank Investment Management (NBIM) will buy a 25 per cent non-controlling stake in the £2.7bn Covent Garden estate, which Shaftesbury will continue to manage.