Mie Holstad News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The $1.44 trillion Government Pension Fund Global has been investing in office real estate in the area since 2013.

BOSTON, November 14, 2023--BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has entered into agreements to sell a 45% interest in two life sciences development properties located in Kendall Square in Cambridge, Massachusetts, to Norges Bank Investment Management at a gross valuation of approximately $1.66 billion or $2,050 per square foot. The properties – 290 Binney Street and 300 Binney Street – total

Norway's $1.3 trillion wealth fund, which has faced stiff competition buying renewables assets, believes its financial clout could give it an edge as economic clouds darken because it doesn't need external capital, a top executive told Reuters. The fund, the world's biggest, has been allowed since 2020 to make direct investments in renewable energy projects and has plans to invest some 100 billion Norwegian crowns ($10 billion) in doing so.

While societal, political and corporate pressure continue to push innovation on renewable energy, the world's largest wealth…

The transaction is set to complete in the second or third quarter of 2021. Under the terms of the deal, Orsted will retain its position as co-owner of the wind farm and handle operations and maintenance. "We are excited to have made our first unlisted investment in renewable energy infrastructure, and we look forward to working alongside Ørsted on delivering green energy to Dutch households," Mie Holstad, who is chief real assets officer at Norges Bank Investment Management, said in a statement. Located 23 kilometers off the Dutch coast, Borssele 1 & 2 uses 94 wind turbines from Siemens Game...