January 19, 2021

Debt financing of Vestre Svanhomen 1

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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Debt financing of landmark office-to-hotel conversion in Copenhagen

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Debt financing of Carucel Sentrum Holding

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Pareto Solar Fund establishes Norway’s largest solar power plant

Pareto Solar Fund AS (“PSF”), managed by Pareto Alternative Investments AS, is set to establish Norway’s largest solar power plant, with a total installed capacity of over 7,500 kWp. This state-of-the-art facility will generate more than 6 million kWh of renewable energy annually, equivalent to the consumption of approximately 375 Norwegian households. The solar power plant will be installed on one of Norway's largest and most complex logistics properties, under development by Logistic Contractor Norge AS ("LC) and owned by Niam AS, supplying clean energy to the tenant, Ahlsell Norge AS, and contributing to a more sustainable energy future. Read the press release below.