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Deals

Slate and One Investment Management agree to buy eight Oslo-area retail parks

Connect CRE reports Tellus Eiendom AS has agreed to sell the eight grocery-anchored centers in Greater Oslo for about €250 million, or US$279 million.

At a glance

20-second brief
  • Slate Asset Management and One Investment Management have agreed to acquire eight grocery-anchored retail parks in Norway for approximately €250 million (US$279 million), according to a Connect CRE report.

  • The seller is Tellus Eiendom AS, and the portfolio is in the Greater Oslo region, according to the report.

  • Connect CRE describes the centers as anchored by Norway's leading grocery operators and discount retailers.

Slate Asset Management and One Investment Management have agreed to acquire eight grocery-anchored retail parks in Norway for approximately €250 million (US$279 million), according to a Connect CRE report.

The seller is Tellus Eiendom AS, and the portfolio is in the Greater Oslo region, according to the report.

Connect CRE describes the centers as anchored by Norway's leading grocery operators and discount retailers.

Across eight properties, the price implies roughly €31 million per center.

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