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Norges Bank Investment Management (NBIM)

Asset management

Last update July 12, 2022 | Report an error

Mie Caroline Holstad

Chief Real Assets Officer

Per Loken

Global Head of Unlisted Real Estate

Nicolai Tangen

Chief Executive Officer

Finance

Norges Bank IM confronted by the polarisation of the property markets

When it presented its results for 2023 earlier this week, Norges Bank Investment Management reported that its global property exposure had returned 0% over (...)

Office

La Française REM and EDF make the acquisition of Paris 13th's Memphis official

It's now official. As revealed by Business Immo on 27 July, La Française Real Estate Managers (REM), on behalf of its SCPIs LF Grand (...)

Retail

Champs-Élysées : luxury, records and envy

By the summer of 2022, the 150 Champs-Élysées building had already made headlines for a €650m deal. It was acquired from Groupama Immobilier by (...)

Office

La Française REM and EDF acquire Paris 13th's Memphis building for €130m

Norges Bank Investment Management (NBIM) and AXA IM Alts have today signed an agreement for the sale of the Memphis building, located at 109-111 (...)

Office

Paris 8th: an XXL signature at 54-56 Boétie

This is THE lease for the first half of 2023. At least in Paris' central business district. It concerns an asset acquired by Norges (...)

Retail

What's behind Gecina's sale of 101 Champs-Élysées?

Shortly before 7pm on Tuesday evening, Gecina shook off its torpor in a hitherto ankylosed investment market, awaiting a repricing, by issuing a press (...)

Hospitality

Groupama Immobilier is selling the 150 avenue des Champs-Élysées

The deal should make history. According to our information, Groupama Immobilier has sold 150 avenue des Champs-Élysées, in Paris' 8th arrondissement, a property complex (...)

Office

Norges and Swiss Life AM buy Paris 8th’s 86 Haussmann for €217m

Through a joint investment vehicle, Swiss Life Asset Managers and Norges Bank Investment Management have signed the acquisition of 86 boulevard Haussmann, in the (...)

Finance

“Although the current environment leads us to be careful, it can also be an opportunity”

Business Immo: How has Norges Bank Investment Management’s real estate investment activity evolved since the Covid-19 pandemic? Mie Holstad: I took on the role of (...)

Office

La Défense: The Link is attracting the attention of investors

La Défense's The Link - Total's future headquarters - has entered a new phase. In mid-February, Paris La Défense and Groupama Immobilier signed the (...)

Retail

BMO REP set to land its first asset trophy on Paris' Champs-Élysées

Yellow jackets, strikes, then a worldwide pandemic reducing the flow of international tourists like a sore thumb: one could not have predicted worse scenarios (...)

Finance

“There are important economic reasons to adopt an environmentally conscious approach to investing”

Over the last 10 years, Norges Bank Investment Management, the investment manager of Norway's giant Pension Fund Global, has built an unlisted real estate (...)

Retail

France's Groupama hands over €613m Paris Champs Elysées mixed asset to Norway fund

French insurance investment manager Groupama Immobilier has handed over 79, Avenue des Champs Elysées in Paris to the Norwegian sovereign fund at a valuation (...)

Finance

Norway sovereign fund refutes withdrawal from RE investment

Norway's giant sovereign wealth fund said it will continue to be a major player in real estate markets despite an announcement on Thursday that (...)

Retail

Norges pays €613m cash to add Paris Champs-Elysées Nike flagship

Norges Bank, manager of Norway's giant Pension Fund Global, has signed a €613m cash deal to acquire a retail/office property on Paris's prestigious Champs-Elysées (...)