Shocking what you can do when the government takes interest in and nurtures national wealth instead of spaffing it into oblivion
Would be nice to have foreign investment in building new factories, renewable energy or anything else productive rather than just real estate.
Not surprised a huge chunk of the UK is owned by foreign wealth
It’s not to do with “foreign powers”. Shaftesbury Capital has just been trading below NAV for some time now, with no signs of the gap closing, it was at a 40% odd discount before this. This deal allows them to realise some profits to help with the rising interest costs whilst also sending a message to the market that their valuations are underpinned as it was done at book value. They still maintain control, and actually it prevents the likelihood of being taken over (which we are seeing with other UK REITs this year). Shares got a little jump today.
It’s properties, not land, correct?
1.8 trillion USD fund and it generated 221B returns last year. The importance of saving and investing!
How long until will sell the royal family to a sovereign wealth fund, and they have to walk around with Emirates or visit dubai, written on their foreheads at all times.
The headline is misleading. They’ve bought a 25% stake in a Covent Garden property portfolio, not 25% of the buildings in Covent Garden.
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I remember the days the UK almost had a SWF
If a foreign power has to own a large chunk of the capital I suppose I’d rather it was Norway than a despotic petrostate.
The UK has carved itself up and sold it to the highest bidder.
Wish they’d buy twitter instead
Looks like we swapped Viking raids for a buy and invest strategy instead. Given that the Norwegian SWF acquired 25% in a mixed-use portfolio in Mayfair earlier this year. ([source](https://www.nbim.no/en/news-and-insights/the-press/press-releases/2025/fund-makes-new-investment-in-london))
“brings the Norwegian fund’s investment in the capital city to £875m.” It’s actually £5 billion.
Source:
[https://www.nbim.no/en/search/?p=1&q=london](https://www.nbim.no/en/search/?p=1&q=london)
Shocking what you can do when the government takes interest in and nurtures national wealth instead of spaffing it into oblivion
Would be nice to have foreign investment in building new factories, renewable energy or anything else productive rather than just real estate.
Not surprised a huge chunk of the UK is owned by foreign wealth
It’s not to do with “foreign powers”. Shaftesbury Capital has just been trading below NAV for some time now, with no signs of the gap closing, it was at a 40% odd discount before this. This deal allows them to realise some profits to help with the rising interest costs whilst also sending a message to the market that their valuations are underpinned as it was done at book value. They still maintain control, and actually it prevents the likelihood of being taken over (which we are seeing with other UK REITs this year). Shares got a little jump today.
It’s properties, not land, correct?
1.8 trillion USD fund and it generated 221B returns last year. The importance of saving and investing!
How long until will sell the royal family to a sovereign wealth fund, and they have to walk around with Emirates or visit dubai, written on their foreheads at all times.
The headline is misleading. They’ve bought a 25% stake in a Covent Garden property portfolio, not 25% of the buildings in Covent Garden.
It’d be nice if we owned some of our own stuff.
Up for sale: London – to whoever has money really
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