Norges Bank Investment Management (NBIM) and the Crown Estate have acquired two properties on Regent Street in London. The joint venture, known as Regent Street Partnership, paid a total of £28 million for the acquisition.

Norway’s $570 billion sovereign wealth fund and the real estate company bought Maddox House from Aberdeen Asset Management and 4 Conduit Street from a private investor. On the deal, CB Richard Ellis and SJ Berwin acted for the seller and Cushman and Wakefield represented Aberdeen.

Click here for the release from The Crown Estate.