PEF Acquisition

February 27, 2019
Pareto Eiendomsfellesskap ("PEF") acquired Hallgruppen's HQ logistics property at Lindeberg.

Pareto Eiendomsfellesskap has acquired a new logistics property located in a well-established logistics park in Lindeberg in Lillestrøm municipality, adjacent to the main highway E6. The property has newly undergone extensive refurbishments, including a fully renewed office block. The property comprises of a total building area of 4.745 sqm. and a plot area of 17.600 sqm., enabling further development potential. The property is fully let on a 10 year lease contract to Hallgruppen AS, a European supplier of relocatable tents, halls and storage solutions.

Pareto Eiendomsfellesskap is an unleveraged closed-end fund investing in logistics real estate in Norway. The investors behind PEF are Norwegian insurance companies and pension funds.

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