The property is situated in the area of Nydalen, a former industrial area that during recent years has been transformed into an area with several headquarters, residentials and retail. Approximately 4,000 people live in Nydalen and the area is home to 18,000 workplaces.
 
“Gullhaug Torg 4 is our first acquisition in Norway. I’m happy that we’ve taken the step to invest in quality property in Norway. The area around Gullhaug Torg is fantastic with the business school and several headquarters that makes the area lively,” says Ilija Batljan, CEO of SBB.
 
The seller is a collaborating of investers lead by Ness, Risan & Partners.