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Carl Janglin, CEO of Oscar Properties.

Carl Janglin, CEO of Oscar Properties.

Image: Oscar Properties

DNB starts selling off Oscar Properties assets: "Major negative impact"

Sweden Sweden — Plus article The Norwegian bank DNB has started to sell off a portfolio of Oscar Properties properties because the company was unable to pay the interest on a loan of SEK 1.6 billion from the bank, something that Bloomberg News was the first to report on. For Nordic Property News, CEO Carl Janglin confirms that the company, together with other lenders, is evaluating whether there is a way forward even without the DNB portfolio. He also explains how this affects the restructuring plan.
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