Madison closes €420m sale of Statoil complex in Oslo at 5.4% yield

By Virna Asara 2016-07-05T00:00:00

New York-based investor Madison International Realty has completed the sale of the Statoil office complex in Oslo to a club of local investors, established by Norwegian investment bank, Arctic Securities, for NOK 3.9 bn (€420 mln), representing a 5.4% cap rate.

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