Pareto Eiendomsfellesskap acquired Toveien 28 in Vestby in June 2019. The property is a 30,000 sqm multi-tenant warehouse facility which is let out to DHL and Contera/Right Price Tiles. Around 10,000 sqm were vacant at the time of the transaction, and since then, Pareto have conducted significant upgrades to the property and successfully let out around 8,000 sqm to three new tenants. The tenants are Pluss+/Sprell, Eurofusion and Procurator. There are ongoing negotiations with potential tenants for the remaining vacant area.
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Debt financing of Sørlandet Kunnskapshavn
Pareto Alternative Investments has provided debt financing for the property Sørlandet Kunnskapshavn in Arendal municipality.
Debt financing of Söder, Helsingborg
Pareto Alternative Investments has provided debt financing for the Söder citygalleria in Helsingborg, Sweden, including construction financing for an 83-unit residential tower to be built on the property.