Our properties
Here are some of our properties
Residential project – Majorstuen, Oslo
Property consisting of 35 apartments under subdivision and upgrading, centrally located at Majorstuen.
The project is considered to be sold as a whole to a player who wants to complete and realize value through the resale of the sections.
The property consists mainly of 1- and 2-bedroom apartments, as well as loft units, and has an attractive location with high demand for smaller homes. Common areas have been upgraded, and parts of the building stock have been rehabilitated.
There is further potential for value optimization through completion and structured sales.
The transaction can be carried out as a share sale (SPV), alternatively as a direct property sale, and can be structured with an open deed until the apartments are released.
Asking price: approx. NOK 170 million.
Oslo Vest (Skillebekk)
Development case – Oslo WestProperty consisting of existing sections with potential for resection and further development into multiple units. Annual rental income is approximately NOK 2.6 MNOK, and the property is sold as a pure development case.
The transaction is being carried out as a share sale and represents a classic value-add case.
The seller has engaged an architect to consider dividing into approximately 15 units, but further concept development and application process will be carried out by the buyer.
The property comprises approximately 1,100–1,200 m² of BRA-i and is being sold “as is”. Current floor plans and technical conditions require a full upgrade.
Existing leases provide flexibility in implementation, depending on the buyer's strategy.
The transaction is being carried out as a share sale, and the property represents a classic value-add / conversion case with upside through development and resale.
Two modern retail/building materials buildings from 2022/2023
Commercial property – Tønsberg
Two modern building materials properties with long leases and stable cash flows.
The properties were built in 2022/2023 and have a total annual rent of approximately NOK 9.4 MNOK.
Long remaining lease term with CPI regulation provides predictable cash flow.
The properties are centrally located in Barkåker in Tønsberg municipality, only approx. 2 km from the E18 exit/onset and approx. 5 km from Tønsberg city center. The plot is 15,512 m2 and is leased from Stamhuset Jarlsberg for 100 years from 01.03.2015, with an annual lease fee of NOK 465,366.
The buildings will be constructed in 2022 and 2023, and investments have been made in modern technical solutions, including ENOVO systems, COREX systems and energy supply from a drilled well.
Key information:
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Building 1: 4,069 sq m, completed in 2022
Remaining lease term approximately 11 years, with option for 5 + 5 years on the same terms. -
Building 2: 2,013 sq m
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Remaining lease term approximately 12 years, with an option for 5 years on the same terms.
Both leases are regulated with 100% annual CPI adjustment.
Please contact us for further information and to arrange a viewing of the properties.
