HNA/HNB Sale and lease-back of offices

Report this content

Hafslund ASA has today sold its office at Drammensveien 144 in Oslo for NOK 262,75 mill to a syndicate led by DnB Markets. Hafslund will lease the property back for a period of 15 years. The sale will give an accounting profit before tax of apprx. NOK 70 mill. DTZ Real Consult has advised Hafslund on the transaction.
 
The transfer of ownership will take place within year-end 2003

Hafslund ASA
 
Oslo, 19 November 2003