12:41 - 6.03.2025

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March 6, Fineko/abc.az. Since the establishment of the investment portfolio of the State Oil Fund of Azerbaijan (SOFAZ) and as of December 31, 2024, the average annual return on real estate was 2.9%, and the profit was $1 billion.

ABC.AZ reports, quoting Farhad Zeynalov, the director of the SOFAZ Investment Department, as saying  this during a media briefing on the investment results of 2024 and prospects for 2025.,

"The cost of investments is $3.5 billion, and the share in the portfolio is 5.9%. In general, it is planned to distribute the portfolio by region and sector in accordance with the global real estate index," he said.