November 6, 2020

PEF new-build contract in Vestby

PEF has entered into an agreement to contract a 24.000 sq.m. newbuild logistics building in Vestby for NDI Norge AS

Norways's largest logistics supplier, Pareto Eiendomsfellesskap AS (PEF), has entered into an agreement to contract a 24.000 sq.m. new-build logistics building in Vestby for NDI Norge AS. The building completion and subsequent handover is expected to take place in the summer of 2022.

"We are proud to have won this lease agreement with NDI after being in competition with many prominent real estate developers. Together with NDI we have developed solutions which will suit their needs and make the building very flexible and attractive for long ownership by PEF. We have recently signed many lease contracts in Vestby og the contract with NDI further extends our notion that the logistics park is increasing in attractiveness for logistics users." - says Jonathan Barfod, partner and investment director in Pareto Alternative Investments AS.

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