Norway’s SWF Approved by Euro Commission to Buy Paris Properties
Posted on 07/31/2013
Norway’s sovereign wealth fund under their subsidiary NBIM Clement SCI has been approved by the European Commission to acquire 50% of French developer SCI Pasquier. Currently, SCI Pasquier is solely owned by Assicurazioni Generali S.p.A which is part of the Italian insurer Generali Group. Generali will maintain 50% ownership in the properties. The sovereign wealth […]
