NBIM and TIAA-CREF Finalizes San Francisco Office Property Purchase
Posted on 09/07/2014
Norway’s sovereign wealth fund has made another investment with regard to its joint venture with New York-based TIAA-CREF. Norges Bank Investment Management (NBIM), the manager of Norway’s sovereign wealth fund, and TIAA-CREF purchased a San Francisco office property for US$ 390 million. The sellers are GE Real Estate and Langley Investment Partners. NBIM acquired 49.9% […]
