NEWS

Reuters: Norway wealth fund, Prologis in $2 bln real estate acquisition

Category: Business News

OSLO, Nov 25 (Reuters) – Norway’s sovereign wealth fund and property investment group Prologis Inc have agreed to jointly buy a $1.99 billion logistics real estate portfolio, Norges Bank Investment Management (NBIM) said in a statement. “The portfolio consists of 127 properties located across multiple U.S. markets, including Southern California, San Francisco Bay Area, Seattle […]

Source: Reuters

Reuters: Norway’s wealth fund extends ownership of New York real estate

Category: Business News

Norway’s sovereign wealth fund will pay about $98 million dollars to extend the term of its ownership in a portfolio of New York properties and to acquire a few new, the fund said on Wednesday. “The partnership between Norges Bank Investment Management (NBIM), Trinity Church Wall Street and Hines has extended the remaining 72-year ownership […]

Source: Reuters

Amerikanske Madison med storkjøp i Bjørvika

Category: Property / Real Estate

Amerikanske Madison International er tilbake i det norske markedet etter en storavtale som gir de nesten alt av de publikumsrettede lokalene i Bjørvika. Avtalen, som er tilrettelagt av Arctic Securities, innebærer seks transaksjoner som gir Madison tilnærmet full kontroll over de kommersielle publikumsrettede arealene på bygulvet i Bjørvika. Madison kjøper Sørenga, Sørengkaia og de tilhørende […]

Source: Estate Nyheter

Snøhetta Collaborates with Ford on Detroit HQ

Category: Property / Real Estate

Ford has commissioned Snøhetta as the design leader to re-envision its Headquarters and Research Campus in Dearborn, Michigan, as well as its new urban campus in Detroit’s Corktown neighborhood. The new Corktown facilities will serve as an innovation hub for Ford’s vison for the future of transportation: leading a plan to reconceive urban mobility solutions including smart, connected vehicles, […]

Source: Snøhetta

Published: November 23, 2024

Norway Proposes Curbs on Airbnb to Ease Stress for Neighbors

Category: Entertainment & Lifestyle

Norway wants to limit owners to renting out their apartments through services like Airbnb Inc. for just 90 days to ease the stress on other residents. The government also wants to “prevent professional actors from operating ‘apartment hotels’ in residential areas,” Monica Maeland, Minister for municipal affairs, said in a statement published Saturday. The proposal, which is […]

Source: Bloomberg