January 19, 2021

Debt financing of Vestre Svanhomen 1

Pareto Eiendomskreditt (PEK), has provided debt financing for the acquisition of Vestre Svanholmen 1 located at Forus in Sandnes municipality.

Pareto Alternative Investments (PAI), through Pareto Eiendomskreditt (PEK), has provided NOK 358m in debt financing for the property Vestre Svanholmen 1 centrally located at Forus in Sandnes municipality. Vestre Svanholmen 1 is a modern and flexible office building that was completed in 2011 and significantly refurbished in 2019/2020. Im 2019, The property was chosen as the headquarters for Vår Energi AS – the third largest player on the NCS.  Vår Energi AS has signed a 15-year lease contract for the total lettable area of 32 461 sqm distributed across five floors.

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Congratulations to Seabrokers Eiendom as seller and Vika Project Finance and Norne Securities as buyers.

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