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World's largest sovereign wealth fund invests $740 million in London's Covent Garden

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Summary
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86% Informative

Norway 's $1.8 trillion sovereign wealth fund struck a deal to buy a quarter of a property portfolio in London 's iconic Covent Garden .

Norges Bank Investment Management said it will pay 570 million ( $739 million ) to Shaftesbury Capital for a 25% stake in the London property portfolio.

It follows a 306 million investment by the state wealth fund for a.

25% in the Duke of Westminster's Grosvenor estate in January .

VR Score

88

Informative language

87

Neutral language

93

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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