Norway’s oil fund has purchased a 25% stake in Covent Garden for £570mn from Shaftesbury Capital, reflecting their confidence in London’s real estate market. This investment adds to Norges Bank Investment Management’s growing portfolio in the city, with previous acquisitions including a stake in the Grosvenor estate. The deal signals a positive view of high-quality real estate in London, as Shaftesbury reports increased property values and a surge in tourism post-pandemic.
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2 Monster Stocks That Could Create Generational Wealth
You don't need to be Warren Buffett to build generational wealth; focus on innovative companies driving economic change, as advised by Cathie Wood of Ark Invest. Companies showing strong revenue growth signal significant long-term opportunities, and there are two high-growth stocks recommended for long-term investment to help create wealth for future generations. Want More Context? 🔎
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