Norway — Oslo Airport City (OAC) and Nrep’s logistics platform, Logicenters, have entered into a joint venture and partnership agreement to develop OAC’s logistics park in Gardermoen business park (Ullensaker municipality) The collaboration involves a land bank of approximately 480,000 sqm gross area, with 353,000 sqm designated as developable land. The area was fully zoned earlier this summer.

Norway — Real estate investor Nrep has acquired Comfort Hotel Karl Johan, a 260-room hotel in the heart of Oslo, from CBRE Investment Management. Featuring a bar in the backyard terrace and fitness room, the hotel is centrally located within a 2-minute walk from Oslo Central Station and is surrounded by many of the city’s best shops and restaurants.

Norway — In the last 12 months, the Nordic real estate investor has brought in Jannick Huseth from Solon, Harald Haakonsen from Nordanö, Ruben Krantz Kringstad from Colliers and Jacob Sandberg Gjems-Onstad from Bulk. Over the next few months, Kristian Aarflot-Nyrud from Ragde, Isabel J. Johansen from Arctic and two analysts are on their way in to further strengthen the Norwegian team. With this, NREP has more than doubled its presence in the Norwegian market.

Norway — Logicenters is now scaling up and expanding its presence in Vestby, Norway, with a new land acquisition in the area totalling 27,000 sqm. The logistics property player is then expected to develop a logistics facility of approximately 13,500 sqm at the newly acquired site, which is centrally located in Vestby Business Park.

Norway — NREP Logicenters, the leading provider and developer of modern logistics properties in the Nordics, announced on Tuesday the acquisition of its first two properties in Norway.

Norway — NREP has announced the opening of an office in Oslo. The office will be led by Jens Petter Hagen, who joins NREP from the private equity firm Advent International.