Norway's sovereign wealth fund takes stake in Berlin property
OSLO, May 20 (Reuters) - Norway's $1.2 trillion sovereign
wealth fund said on Friday it has agreed to buy a 50% stake in
the Sony Center property in Berlin for 677 million euros ($715.8
million) from Oxford Properties and Madison International
Realty.
Oxford will retain a 50% stake in the property, which in
total contains 113,000 square metres of office, retail and
residential space.
($1 = 0.9458 euros)
(Reporting by Terje Solsvik, editing by Gwladys Fouche)
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