Debt Financing of Vestre Svanhomen 1

January 19, 2021
Pareto Eiendomskreditt (PEK), has provided debt financing for the acquisition of Vestre Svanholmen 1 located at Forus in Sandnes municipality.

Pareto Alternative Investments (PAI), through Pareto Eiendomskreditt (PEK), has provided NOK 358m in debt financing for the property Vestre Svanholmen 1 centrally located at Forus in Sandnes municipality. Vestre Svanholmen 1 is a modern and flexible office building that was completed in 2011 and significantly refurbished in 2019/2020. Im 2019, The property was chosen as the headquarters for Vår Energi AS – the third largest player on the NCS.  Vår Energi AS has signed a 15-year lease contract for the total lettable area of 32 461 sqm distributed across five floors.

Congratulations to Seabrokers Eiendom as seller and Vika Project Finance and Norne Securities as buyers.

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