PEF transaction

June 17, 2018
Pareto Eiendomsfellesskap ("PEF") acquired Berggård Amundsen's HQ logistics property at Langhus.

Pareto Eiendomsfellesskap has acquired its first logistics property since the fund was reopened in December 2017. The property is located in the well-established logistics park “Berghagan” in Langhus in the municipality of Ski. The building will be completed in approximately June 2019, with a total area of 14,000 sqm and a further development potential of 3,000 sqm. The whole property is fully let on a 13 year lease contract to Berggård Amundsen – one of Norway’s leading electrical wholesalers.

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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