Sovereign Wealth Fund Buys Building of Airbnb HQ

Posted on 09/15/2015


Shelling out big bucks, large sovereign wealth funds are buying up more of San Francisco offices. Norges Bank Investment Management (NBIM), the manager of Norway’s sovereign wealth fund, acquired a 49.9% interest in 888 Brannan for US$ 153.2 million. The property, a former battery factory, was valued at US$ 307.1 million and no financing was […]