Total building area is 16 600 m2 (BTA) with storage, production units and a standalone office building. The property is undergoing alterations in order to improve energy efficiency and raise the energy certificate of the building. Hvamveien 1 houses Idun Industri's head quarter, and production premises for powder-based baking products and sourdough. Idun Industri is part of Orkla Food Ingredients and is the leading supplier of baking ingredients in the Nordics.
The acquisition of Hvamveien 1 strengthens PEF's position within the logistic market in the greater Oslo area, and secures further growth in our logistics portfolio.
About PEF: Pareto Eiendomsfellesskap is a closed-end property fund established in 2009 to offer institutional investors an unlevered exposure to logistics properties in Norway. Our portfolio consists of 35 modern logistics properties with the majority strategically located in the greater Oslo area.
