NBIM to acquire 92% stake in Spanish retail portfolio
The deal with Sonae Sierra values the portfolio at 1.5 billion euros gross and adds 258,000 square metres of retail space.
See the latest news and media coverage for NBIM. We track all announcements, press releases, and industry mentions in real time, all in one place.
Sovereign wealth fund asset manager
nbim.noLast updated
In short: NBIM posted a 15.1% return in 2025 and reached a record value of 22 trillion kroner, while aggressively integrating AI into operations.
The deal with Sonae Sierra values the portfolio at 1.5 billion euros gross and adds 258,000 square metres of retail space.
Signed with Asana Partners, $500M commitment for 49% ownership to invest in US open-air shopping and street retail.
The scenario would reduce the fund's value by 20%, highlighting the importance of stress testing for risk management.
The Government Pension Fund Global returned -1.9%, outperforming benchmark by 0.01pp. Equities fell -2.6%; fund value hit 19,998 billion kroner.
Norges Bank Investment Management -which manages the Government Pension Fund Global of Norway- and the company Sonae Sierra have formed a joint venture...
Asana Partners and Norges Bank launched a $500M retail venture targeting grocery-anchored centers in high-growth US markets.
The return from the fund now exceeds revenues from oil exports. This shift changes the entire Norwegian economy.
Prime Minister Narendra Modi courts Norwegian investors for manufacturing and clean energy even as Norway's $2.2 trillion sovereign wealth fund trims India's portfolio weight. Explore...
Track NBIM and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to NBIM and other trending companies.