By IPE staff2020-12-15T16:22:00+00:00
Norwegian investment bank Arctic Securities has acquired a major office building in Oslo from Tristan Capital Partners for €210m.
The 25,500sqm Telegrafen building was sold by Tristan Capital’s EPISO 4 opportunity fund after completing a renovation project.
Tristan Capital said it was one of the largest single real estate transactions in Norway.
The historic Telegrafen Building was acquired in 2016 by the EPISO 4 fund with co-investment from the Malling and Vedal families.
Following the acquisiton, the building underwent extensive renovation work to create modern grade-A office space in central Oslo, with food and beverage offerings on the ground floor.
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