Debt financing to IK Gruppen AS

Pareto Alternative Investments (PAI), through Pareto Obligasjonsfellesskap Eiendom (POFE), has provided NOK 320m in additional debt financing following IK Gruppen’s acquisition of the two remaining buildings in the quarter; Tollbugata 7 and Tollbugata 11. The key tenant in Skippergata 19 and Prinsens gate 6, hotel operator Citybox Oslo AS, has already expanded to Tollbugata 7 and significantly increased its capacity. The hotel had the highest occupancy rate of all hotels in Oslo in 2018 totaling 90,2%. Other tenants include Maya Apartments AS, Pascal Drift AS and Stockfleths AS. The total WAULT of the portfolio is 12.9 years.

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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. POFE is closed for commitments.

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June 25, 2025

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

Pareto Alternative Investments (PAI), on behalf of Pareto Real Estate Credit Fund, is pleased to announce the five-year debt financing of Halmtorvet 20-22, a landmark office-to-hotel conversion property strategically located in central Copenhagen’s Vesterbro district.

April 3, 2025

Debt financing of Carucel Sentrum Holding

Pareto Alternative Investments AS has provided NOK 440 million in 1st-lien debt for the financing of a portfolio of four residential assets owned by Carucel Sentrum Holding ("Carucel"). The properties consists of residential areas and commercial areas, and are located in Bydel Frogner in Oslo Municipality, Norway, on attractive micro locations with immediate tram access.

January 22, 2025

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.