January 23, 2019

Debt financing of "Stavgården" in Trondheim Municipality

Pareto Eiendomskreditt (PEK) has provided debt financing for the acquisition of Vestre Rosten 69 ("Stavgården"), centrally located at Tiller/Heimdal outside of Trondheim.

Pareto Alternative Investments (PAI), through Pareto Eiendomskreditt, provided NOK 250 million in debt financing for Stavgården which, amongst others, is let to the contractor HENT AS on a 12-year lease contract. Stavgården is a modern multi-tenant office building completed in 2015. The property measures ~16 735 sqm BTA with close connectivity to E6 and the new “Tiller Terminal” with expected completion in August 2019.

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