The properties are two logistics facilities built for Posten (The State Post Company) located in the industrial hub “Borgeskogen Næringspark” in close proximity to the main highway E18. The divestment is tied to portfolio re-balancing concerns in line with the fund’s main strategic focus on the greater Oslo area.
Advokatfirmaet Wiersolm assisted PEF in the sale of the properties.
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.