NPRO: Agreement on acquisition of property in Oslo inner city No
Norwegian Property has entered into an agreement to purchase the property Lille Grensen 7. NPRO will purchase all shares in Grensen Investment AS, which is the owner of 100% of the shares in Lille Grensen 7 AS. The agreed gross value for the property is MNOK 710. Takeover is estimated to take place on 17 December 2019. The property is located centrally in Oslo Inner City, next to Karl Johan Street, and with a view to the Norwegian Parliament building, Stortinget. It is situated next to the subway station. CEO, Bent Oustad, comments: “We are very satisfied with the acquisition of