Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Norway's sovereign wealth fund buys stakes in logistics properties
    Finance

    Norway's sovereign wealth fund buys stakes in logistics properties

    Published by Global Banking & Finance Review®

    Posted on December 16, 2024

    1 min read

    Last updated: January 27, 2026

    Image of Morrow Batteries' facility in Norway, where the first battery cell plant is located. This relates to the $134 million loan facility granted to enhance battery manufacturing in Norway.
    Battery production facility in Norway, showcasing Morrow's manufacturing - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Norway's sovereign wealth fund acquires stakes in seven logistics properties across Europe, partnering with Prologis in a joint venture.

    Norway's Wealth Fund Invests in European Logistics Properties

    COPENHAGEN (Reuters) - Norway's sovereign wealth fund said on Monday it had acquired a portfolio of seven logistics properties across different European countries, which will be co-owned by its real estate partner Prologis.

    Norges Bank Investment Management (NBIM) paid 166 million euros ($174.17 million) for its 49.5% stake in the portfolio, it said in a statement.

    Prologis, the seller of the portfolio, will own the remaining 50.5% and will manage the assets on behalf of the joint venture, according to NBIM.

    The seven logistics properties are located in Germany, Italy, Spain and Britain, respectively, NBIM said.

    ($1 = 0.9531 euros)

    (Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)

    Key Takeaways

    • •Norway's sovereign wealth fund buys stakes in logistics properties.
    • •The investment is co-owned with Prologis.
    • •The portfolio includes seven properties in Europe.
    • •NBIM paid 166 million euros for a 49.5% stake.
    • •Prologis will manage the assets for the joint venture.

    Frequently Asked Questions about Norway's sovereign wealth fund buys stakes in logistics properties

    1What is the main topic?

    The article discusses Norway's sovereign wealth fund acquiring stakes in logistics properties across Europe in partnership with Prologis.

    2Who are the main parties involved?

    The main parties involved are Norway's sovereign wealth fund and Prologis.

    3What is the value of the investment?

    The investment is valued at 166 million euros for a 49.5% stake.

    More from Finance

    Explore more articles in the Finance category

    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    View All Finance Posts
    Previous Finance PostUK house prices likely to rise by 2%-4% in 2025, Nationwide says
    Next Finance PostLamborghini delays first EV launch to 2029 as market not ready, CEO says