Norway wealth fund buys $743 mln stake in Tokyo office complex [Reuters (UK)]
MITSUBISHI EST UNSP/ADR (MITEY)
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Source: Reuters
Norway wealth fund buys $743 mln stake in Tokyo office complex - Reuters 1 Min Read OSLO, March 5 (Reuters) - Norway’s sovereign wealth fund will buy a 39.9% stake in a part of Tokyo’s Otemachi Park Building office complex from Mitsubishi Estate, the fund said on Thursday. Norges Bank Investment Management will pay 79.7 billion yen ($743.3 million) for the stake. Mitsubishi, which is a new joint venture partner for the fund, will remain a majority owner and will manage the property. ($1 = 107.2200 yen) (Reporting by Terje Solsvik, editing by Gwladys Fouche) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2020 Reuters. All Rights Reserved.
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