home Latest News Norway's wealth fund buys Axel Springer headquarters for 425 mln euros – Reuters

Norway's wealth fund buys Axel Springer headquarters for 425 mln euros – Reuters

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OSLO, July 17 (Reuters) – Norway’s $970-billion wealth fund has agreed to pay 425 million euros ($486 million) for a 100 percent stake in the new Axel Springer headquarters office building in Berlin’s Mitte district, it said on Monday.

Axel Springer separately reported the news earlier on Monday. ($1 = 0.8735 euros) (Reporting by Gwladys Fouche, editing by Louise Heavens)