PEF II transaction

In Q2 2017 Pareto Eiendomsfellesskap II (PEF II) entered into a forward contract to acquire a logistics property under construction in Aurvegen next to Gardermoen Airport. The building is now completed, and was handed over to PEF II on May 9 th 2018. The property is 5,366 sqm with development potential to build an additional 3,000 sqm. The property is leased to Bane NOR (formerly “Jernbaneverket”) on a 15 year contract. Bane NOR is a state owned company engaged in the construction and maintenance of the railway infrastructure in Norway. The property will be a central logistics warehouse in the development of large infrastructure projects going forward, such as the InterCity project, Follobanen, Ringeriksbanen etc.

PEF II is an unleveraged closed-end fund investing in office, retail, logistics and specialized real estate properties in Norway. The investors in PEF II are Norwegian insurance companies and pension funds.

More news

See all news

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.