"We are very pleased with the acquisition and the opportunity to start a new collaboration. The properties and businesses that are operated here support important transport infrastructure in the long term, and are well suited to our business model. This transaction is in line with our growth strategy in Norway, and we look forward to grow the company even further," says Caroline Bertlin, CEO of Nordisk Renting.

The portfolio is 100 percent leased to Team Verksted on long-term contracts.

The eight properties are strategically located for Team Verksted's operations. The workshops generally have large plots and are located at the most important traffic hubs in areas dominated by logistics players and suppliers to the automotive industry. The properties are located in Trondheim, Bergen, Oslo and Kristiansand, among other places.

Nordisk Renting was founded in 1986 and offers long-term rental solutions with repurchase rights within real estate and infrastructure to companies, and municipal and state parties in the Nordic region. The company has been active in Norway since the 1990s and is now increasing its presence and focus on Norway further in accordance with the company's growth strategy.

Pangea Project Finance and Wiersholm have been buy-side advisors in the transaction.