January 22, 2020

Debt financing of Kokstadflaten 35

Pareto Eiendomskreditt (PEK) has provided debt financing for the acquisition of Kokstadflaten 35 located at Kokstad - a 4 minute drive from Bergen Airport (Flesland).

Pareto Alternative Investments (PAI), through Pareto Eiendomskreditt (PEK), has provided NOK 390m in debt financing for the office property Kokstadflaten 35 located at Kokstad -  a 4-minute drive from Bergen Airport (Flesland). The total lettable area is 24,232 sqm, of which Odfjell Drilling AS occupies the majority as the key tenant. The property houses about 40 companies with a total of 500-600 employees. The property is currently under BREEAM In-Use certification with expected rating of minimum BREEAM Excellent.

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