Debt financing of Bodø Innovation Gate

August 9, 2019
Pareto Eiendomskreditt (PEK) has provided debt financing for the acquisition of Bodø Innovation Gate in a forward transaction with settlement in June 2020.

Pareto Alternative Investments (PAI), through Pareto Eiendomskreditt (PEK), has provided NOK 170m in debt financing for the property "Bodø Innovation Gate" in Bodø Municipality. The property is under construction with expected completion in Q2 2020. The building will consist of modern office space with BREEAM Excellent certification. Key tenants include Signal Bredbånd, BDO, COWI and Mestergruppen Bolig, with a WAULT at completion date of ~8.3 years. The property comprises six floors and measure 9.145 sqm BTA including indoor parking.

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Debt financing of Bodø Innovation Gate

Pareto Eiendomskreditt (PEK) has provided debt financing for the acquisition of Bodø Innovation Gate in a forward transaction with settlement in June 2020.