OUR PROJECTS
SOLD!
2019
T23
Tevlingveien 23 - Oslo
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Office and retail property for market repositioning acquired 6-2015
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20 100 sqm built in 2000
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Acquisition net yield 7,5%
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Wault: 5 years
SOLD!
2019
Equity IRR 22%
SOLD!
2019
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Office property acquired 7-2017
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4 500 sqm built in 2009 with development potential
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Lease: 12,6 years to NAV
Leikanger NAV Holding AS
Sognefjordvegen 52-60,
Leikanger Kommune,
Sogn og Fjordane
SOLD!
2020
NEW ENERGY STAVANGER Lagårdsveien 78-80 - Stavanger
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Urban regeneration property acquired 12-2014
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19 000 sqm office and storage built in the 70’s
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Acquisition net yield 10,0%
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Wault; high rise 8 yrs – low rise 1,5 yr
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Project is cash positive for 5 yrs without any new lettings
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Planning for conversion of low rise to 4 500 sqm retail and 8 000 sqm high quality offices
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New building permit of additionally 8 000 sqm offices
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Budgeted investment IRR 30-45% (4 year exit)
SOLD!
2020
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Big box retail shopping centre acquired 06-2016
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14 500 sqm built 2002-2012 on 36000 sqm land
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Acquisition net yield 6,3%
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Wault: 10 years
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Development potential
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Triple net lease contracts
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Fully let to Rema 1000, Coop, Biltema, Plantasjen, Elkjøp and Jysk
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Budgeted investment IRR: 10-12 % (5 year exit)
LANGELAND HANDELSPARK
Industriveien 21 - Kongsvinger
SOLD!
2021
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Big box retail shopping centre acquired 06-2016
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7057 sqm built 2008 on 13852,6 sqm land
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Acquisition net yield 6,9%
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Wault: 7 years
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Development potential
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Fully let to very good covenants; Thansen, Lefdal and Jula
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Budgeted investment IRR: 13% (exit after 5 years)
MOA HANDELSEIENDOM
Nordre Holen 15-21 - Ålesund
MARKENS GT
Markens gate 39/Kristian IV gate 12,14, og 16
Kristiansand
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Hotel and retail property acquired 02-2018
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7600 sqm
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Wault: 10 years
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Development potential
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Budgeted investment IRR 20% + (3-5 year exit)
SOLD!
2022
LØRENSKOGVEIEN 75
Lørenskog
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Property consisting of warehouse, industrial and office space - acquired July 2020
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9 002 sqm floor space on 17 646 sqm land
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Wault: 2,6 years
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Development potential
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Fully let to strong covenants
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Budgeted investment IRR: 20%+
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Office building – Acquired Desember 2020
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12 250 sqm floor space on 7 708 sqm land
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Wault: 3,7 years
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Development potential
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Let to strong covenants
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Budgeted investment IRR: 20%+
SANDAKERVEIEN 64
Oslo
FAGERNES SENTER
Valdresvegen 30.
2900 Fagernes
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Shopping center aquired 2021
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11 300 sqm
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Fully let to good covenants
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Budgeted investment IRR 20%+
