Prologis, Inc. (NYSE:PLD) and Norges Bank Investment Management are in talks to buy a £275 million sheds portfolio from LondonMetric Property Plc (LSE:LMP). The sheds are owned in a joint venture between LondonMetric and Green Park Investments. Jones Lang LaSalle is representing Prologis and Norges. Dowley Turner Real Estate is representing LondonMetric.

Government Pension Fund Global, Norges Bank Investment Management managed by Norges Bank Investment Management may sell its stake in oil firms that work in Equatorial Guinea, where oil revenue does nothing to relieve abject poverty, the fund's ethics council said, a list that includes Exxon Mobil Corporation (NYSE:XOM). The Government Pension Fund holds 0.81% stake in Exxon. "We are looking into the oil companies in which we hold shares and which are active in Equatorial Guinea," said Ola Mestad, the head of the fund's ethics council. "The production of the country's dominant natural resource appears to enrich only the country's elite while the living conditions of the population are amongst the worst in the world," the council said in its annual report. According to Reuters, Mestad declined to name the specific companies being considered in the case of Equatorial Guinea or say how long the process could take. A spokeswoman for Exxon Mobil in Norway confirmed the company was active in Equatorial Guinea. "To operate honestly and ethically is one of the most important things that we do. Regardless of where we are in the world, it is important to us to maintain high ethical standards, follow rules and regulations and respects local culture. We do that in Equatorial Guinea as we do in Norway and all the other countries we operate in," spokeswoman of Exxon Kristin Kragseth said. Accordingto Reuters, Kragseth did not immediately respond to requests for further comment, and U.S. Exxon officials could not immediately be reached for comment. Hess Corporation (NYSE:HES) and Marathon Oil Corporation (NYSE:MRO) also operate fields in Equatorial Guinea. Government Pension Fund owned 0.76% of Marathon Oil and 0.69% of Hess at the end of 2012, according to Reuters data. According to Reuters, officials at both Marathon Oil and Hess could not immediately be reached for comment. The Norwegian fund's ethics council makes its recommendations to Norway's finance ministry, which has ultimate responsibility for the fund and fund has frequently excluded companies for what it deems to be unethical behavior based on the recommendations.

Norges Bank Investment Management Presents at 5th Annual Investor Relations Insights Conference, Mar-21-2013 11:05 AM. Venue: Bank of America Tower, One Bryant Park, Corner of 42nd St and 6th Ave, New York, New York, United States. Speakers: Finn E. Hvistendahl, Global Head of Sector Strategies.