Pareto Eiendomsfellesskap has acquired its first logistics property since the fund was reopened in December 2017. The property is located in the well-established logistics park “Berghagan” in Langhus in the municipality of Ski. The building will be completed in approximately June 2019, with a total area of 14,000 sqm and a further development potential of 3,000 sqm. The whole property is fully let on a 13 year lease contract to Berggård Amundsen – one of Norway’s leading electrical wholesalers.
Pareto
Eiendomsfellesskap is an unleveraged closed-end fund investing in logistics
real estate in Norway. The investors behind PEF are Norwegian insurance
companies and pension funds.