Bulk Industrial Real Estate, a subsidiary of Bulk Infrastructure Group, has successfully completed the sale of a substantial property portfolio to KLP Eiendom.
The transaction value amounts to NOK 3.95 billion, making it the largest single transaction completed in the Norwegian logistics market to date.
The property portfolio sold comprises 14 developed, income-generating industrial properties in the Oslo area.
The majority of the portfolio consists of assets designed and constructed in accordance with Bulk’s market-leading principles of flexibility, efficiency and sustainability, but it also includes assets that have been acquired and optimised through the company’s active asset management.
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