Renger
Investment Management (RIM) continues its cooperation with Corum Asset
Management in its continued expansion into the Nordic real estate markets.
Corum has, on behalf of its fund Corum XL, closed its first transaction in the
Norwegian market, acquiring the recently developed Elverum retail park in
Norway.
David
Renger, CEO of RIM, comments:
”RIM ́s
cooperation with Corum is successfully expanding throughout the Nordics. The
cooperation with Corum is in line with RIM ́s strategy to engage together with
financially strong and well renowned real estate investors in the Nordic
region. We appreciate the continued trust from Corum and we are looking forward
to continued cooperation on their expansion in the region.”
The
property is let on long leases to Rusta, Elkjøp, Power, Byggmaker, Europris and
Thansen. RIM has strategically advised and sourced the investment. The property
was acquired from a group of private investors.
“We are
pleased that we can expand our presence in the Nordic area with our entry into
the Norwegian real estate market after having successfully been investing into
the Finnish market for a few years. We intend to further expand our investments
in the region the coming year,” says Philippe Cervesi, Corum AM, Investment
Director.
Bjørn
Slaatta at DLA legally advised Corum and Akershus and Wiersholm advised the
vendors commercially and legally.
Corum has earlier acquired assets in Finland.