Nordic private equity firm NREP has stepped into the Norwegian office market with the acquisition of two properties from Entra for SEK 1.5 bn (€130 mln).
The firm has bought Akersgata 51 and Tordenskiolds gate 6 in the centre of Oslo and plans to invest in the assets to raise their sustainability credentials.
‘It is gratifying to be able to announce our first investment in the office segment in Norway. We already have a strong position in logistics, and as part of our extended strategy we are now also entering the office segment. The ambition is to further increase the volume within office buildings in Oslo, and we are ready to make more investments in Norway,’ said NREP's head of Norway, Jens Petter Hagen.
CBRE brokered the deal. Arctic Securities and Realkapital Investor advised NREP.
