Balder invests together with Anthon B Nilsen Eiendom in Norway
Fastighets AB Balder is acquiring 50 percent of the Norwegian company Anthon B Nilsen Eiendom AS. The transaction includes the Anthon B Nilsen Group’s total real estate portfolio with properties in Oslo and in Lahaugmoen, and also a development portfolio of 170,000 sqm in eastern Norway. The market value of the properties that are included in the transaction is about NOK 3,000m.- With Balder as a joint owner, we gain the strength to move the business up a level in Norway. We will gain the financial strength to be able to compete for, and complete, larger and more comprehensive development