Debt financing of Gjerpens gate 10-20

June 7, 2018
Pareto Alternative Investments, through Pareto Eiendomskreditt (PEK), provides financing of the office property Gjerpens gate 10-20 in the municipalty of Skien.

The property is occupied by The Norwegian Public Roads Administration, Norwegian National Courts Administration and the County Governor of Telemark on long term leases. The property consists of four buildings and measures in total 19.451 sqm. Advokatfirmaet Thommessen acted as legal adviser to PAI in the transaction.

 

About PEK - Pareto Eiendomskreditt is a credit structure established by PAI with the objective to provide debt financing for commercial real estate in Norway. The investors behind PEK are Norwegian insurance companies and pension funds.

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