6 december, 2021

The largest real estate transaction in Norway ever!

Pangea is proud to have advised Entra on the acquisition of 100 percent of the shares in Oslo Areal for approximately NOK 13.55bn from Gjensidige Forsikring and AMF Pensionsförsäkring.

Oslo Areal is an owner and developer of office properties in and around Oslo. The company owns 17 office properties of which 15 are centrally located in Oslo and two in Sandvika just outside Oslo. The property portfolio totals 222,000 sqm of gross lettable area and up to ca 140,000 sqm development potential.

Pangea’s team consisted of: Bård Bjølgerud, Erik Høvik, Sondre Aarseth Skjerven, and Vetle Holt Johansen.

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