Oslo Areal is one of the larger real estate companies in Norway, with a portfolio of approximately 250,000 sqm, distributed amongst 21 properties.

AMF pays NOK 3,3 billion (€ 356 M) for 50 percent of the company shares, which was previously wholly owned by Gjensidige.

“I am very satisfied with a solid, long term and competent partner like AMF and look forward to the further development of Oslo Areal together with them” says Erik Ranberg, Investment Manager at Gjensidige and Chairman of the Board at Oslo Areal. 

Mona Ingebrigtsen, CEO at Oslo Areal, is also satisfied:

“We not get not only one, but two competent owners. This means that Oslo Areal can strengthen their market position further.”