Aurora Makes New Major Shopping Center Purchase

Norway Norway — The newly established shopping centre company Aurora Eiendom AS acquires Farmandstredet in Tønsberg for NOK 1.8 billion from Steen & Strøm AS. Aurora Eiendom already has five shopping centres worth a total of NOK 4.8 billion in its portfolio.

Aurora Eiendom Invests NOK 4.8 Billion in New Shopping Centre Company

Norway Norway — Investors Petter A. Stordalen, Lars Løseth, Johan Johannson, Marius Varner and Christian Ringnes invest close to NOK 1 billion in Aurora Eiendom AS, a new shopping centre company. In total, shares valued at NOK 1.377 billion has been subscribed for in the company in a directed issue towards 11 investors.

After the Major First Investment – Here Are the Plans for Aurora

Norway Norway — Petter Stordalen is entering the Norwegian shopping center market with a group of renowed investors. After the initial investment of NOK 4.8 billion, Mads Breder Koch, CFO of Stordalen's Strawberry Properties, tells Nordic Property News about the ambitions for the company and why they want to list on the stock exchange.