Aker acquires development land from SPDE for EUR 44m

By A staff reporter 2009-11-16T00:00:00+00:00

Scandinavian Property Development (SPDE) announced on Monday that engineering and construction services group Aker Solutions has exercised an option to purchase two of its commercial land properties in Norway for a total of NOK 366 mln (EUR 44 mln).

Scandinavian Property Development (SPDE) announced on Monday that engineering and construction services group Aker Solutions has exercised an option to purchase two of its commercial land properties in Norway for a total of NOK 366 mln (EUR 44 mln).

The plots are NB2/3 at Hinna Park, Stavanger and the area K2, next to the Telenor Building at Fornebu, bordering the west of Oslo. The K2 property can be developed with 28,000 m² of office space. The property at Hinna Park (NB2/3) has permission for 43,000 m² of office space.