June 5, 2018

Debt financing of Skippergata 19 / Prinsens gate 6

Pareto Alternative Investments, through Pareto Obligasjonsfellesskap Eiendom (POFE), provides long term financing of the hotel property Skippergata 19 / Prinsens gate 6 in Kvadraturen, Oslo.

The property is owned by IK Gruppen AS, a norwegian real estate group. The property is occupied by Citybox Oslo AS on a long term lease as main tenant.  Advokatfirmaet Thommessen acted as legal adviser to PAI in the transaction.  

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

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