The property is located at Frogner – a small industrial area 33 kilometers from Oslo in Lillestrøm municipality. Tretjerndalsveien 62 measures 5,150 sqm BTA with multiple storage units including cold and dry storage. The building was completed in 2000 and expanded in 2015. European route 6 (E6), one of the main transportation corridors for domestic logistics and connection from Norway to the rest of Europe, is a few minutes away from the building. This adjacency makes Tretjerndalsveien 62 very attractive to companies looking for warehousing in the Greater Oslo region. It takes less than one hour to reach roughly 1.6 million residents surrounding Oslo. The land plot amounts to 10,020 sqm. The whole building is leased to Servicegrossistene AS on a long-term contract.
About PEF – Pareto Eiendomsfellesskap is a closed-end property fund established in 2009 to offer institutional investors an unlevered exposure to logistics properties in Norway. The fund strategy is directed towards modern and centrally located logistics properties with long leases and solid tenants. The portfolio consists exclusively of logistics properties located in the greater Oslo area.
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PEF acquires logistics property in Lillestrøm – Ausenfjell
Pareto Alternative Investments AS has on behalf of Pareto Eiendomsfellesskap AS (“PEF”) acquired Tretjerndalsveien 62 in Lillestrøm, Viken county.