Norges Bank Sells Logistics

Norway Norway The partnership between Norges Bank Real Estate Management and Prologis has sold 37 logistics properties located in Seattle, Chicago, Dallas, New Jersey, South Florida, France, Poland, Hungary and the Netherlands.

2018-10-03

Share via e-mail

The agreements were signed on 16 May 2018, and the transaction was completed on 1 October 2018.

Norges Bank Real Estate Management received 182.6 million US dollars for its 45 percent ownership interest in the US portfolio and 90.2 million euro for its 50 percent ownership in the European portfolio. The properties were acquired as part of larger portfolio transactions spanning from March 2013 to May 2015.

The buyer of the portfolio is Mapletree.  ‚Äč

The buildings have a total leasable area of 8.4 million square feet.




Axel Ohlsson
axel@nordicpropertynews.com




"Oslo Will Continue to Experience Positive Effects"

Norway Norway Anne-Jan Jager, Director at Tristian Capital Partners, tells Nordic Property News of the major office acquisition, the state of the Norwegian economy and Tristian’s future in Norway and the other Nordic countries.


Tristan Fund Acquires Landmark Office in Oslo for EUR 122M

Norway Norway CP 5 LL, the long-life core-plus fund advised by Tristan Capital Partners, has acquired off-market a landmark Grade A office building in Helsfyr, Oslo’s emerging eastern business district, for approximately EUR 122 million from a fund managed by Starwood Capital Group.

Logicenters Acquires in Logistics Property

Norway Norway Logicenters expands the property portfolio in Norway with the purchase of a newly developed logistics facility in Råde, 70 kilometers from Oslo.

Wingårdhs Creates World Ocean Headquarters

Norway Norway The building in Oslo will, among other things, serve as a hub for the UN's "Our Ocean, Our Future: Call for Action", the political momentum built to save the oceans of the world.

CBRE GWS Appoints New Development Manager

Norway Norway CBRE Global Workspace Solutions appoints Jan Petter Skogstad as new development manager.


Norges Bank Makes EUR 361M Acquisition

Norway Norway Norges Bank Real Estate Management has acquired a 100 percent interest in an office property located on 60 Holborn Viaduct in Central London.

Oslo Areal Sells to Fredriksborg

Norway Norway Oslo Areal sells a property in Fredrikstad to Fredriksborg Eiendom.

Peab Builds Apartments in Ålesund

Norway Norway Peab builds apartments in Ålesund in western Norway for Fri Sikt Dalsberga.

Bryn Eiendom Purchase Two Properties

Norway Norway Bryn Eiendom has bought another two properties at Bryn, and now owns approx. 106,000 square meters of commercial buildings in the area.

Skanska Buys Building Plot in Oslo for EUR 35M

Norway Norway Skanska has purchased a 19,000 square meter building plot in Oslo for MNOK 340 (EUR 35M).