UBS RE offloads Oslo property for EUR 108m

By A staff reporter 2011-07-25T00:00:00

UBS Real Estate has announced the sale of an office building in central Oslo to Norwegian financial services group Storebrand. The sales price of NOK 845 mln (EUR 108 mln) reflects a 14% profit on the amount the asset was acquired for three years ago, UBS said in a statement.

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