Oslo Areal acquires for NOK 922.5 million

Oslo Areal AS has acquired Strandveien 4-8 AS and Strandveien 10 AS from Ferd Eiendom AS for NOK 922.5 million.

Foto: Ferd Eiendom Foto: Ferd Eiendom

The property value of the NOK 922.5 million transaction gives according to Oslo Areal a yield of just below 5 percent. The property is mostly leased to Lundin Norway on a long term lease.

Included parking, Strandveien 4, 8 and 10 is approx. 23,500 square meters. The property is located at Lysaker, and takeover is planned for 1 March 2017.

Schjødt advised the buyers and delivered due diligence and contractual negotiations.

More information

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Lawyers

Geir Sand

Published

04. May 2018
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