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.
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.
