The seller is Base Property and Tenold Gruppen. The new construction is scheduled to be finished in January 2018 and will house Bane NOR in the next 15 years. Pareto takes possession of the building when Bane NOR moves in.
 
The warehouse will encompass 5,300 square meters. Ø.M. Fjeld is the main contractor for the project and Newsec has negotiated the transaction.