NPRO: Agreement on acquisition of property in Oslo inner city
Norwegian Property has bought the “Felix” property at Aker Brygge. The property is located on the lower floors of Fondbygget building, and has entrance from the ground floor at Bryggetorget. After the purchase, NPRO owns all the business units in the building. NPRO has become owner of all the shares in Bryggetorget Invest AS, which owns 100% of the shares in the real estate company, Bryggetorget 3 AS. The premises amount to approximately 5,400 sqm and are currently rented out as a conference center. The agreed gross value for the property was MNOK 172. Closing took place in Q2 2021.