Pareto Alternative Investments (PAI), through Pareto Eiendomskreditt (PEK), has provided NOK 320m in debt financing for the property Fyrstikkalléen 3 located at Helsfyr in Oslo. Helsfyr is a well-established office area with many well-known public and private tenants, and with close proximity to public transportation and E6. The property is currently undergoing an extensive upgrade to a total estimated value of NOK ~100m, which includes a structural rehabilitation of the building and a general upgrade of the parking areas at the lower ground floors U2 and U3. Key tenants include Oslo Kommune v/ Utdanningsetaten, Statens Vegvesen and Norengros, with a total WAULT of 8.6 years.
Pareto Obligasjonsfellesskap Eiendom (POFE) has provided a NOK 320m increase of the existing bond issued by IK Gruppen AS. The bond has first lien security in the properties in Kvadraturen Hotell Holding AS - Skippergata 19, Prinsens gate 6, Tollbugata 7 and Tollbugata 11 located in the city centre of Oslo.
Pareto Eiendomskreditt (PEK) has provided debt financing for the acquisition of Fyrstikkalléen 3 centrally located at Helsfyr in Oslo.
