News / 05.05.2021

Haavind has assisted Fastighets AB Balder in the acquisition of Asset Buyout Partners

Author(s) Bjørn Olav Torpp &

The Norwegian industrial real estate company has approx. NOK 9 billion in real estate assets located along the Norwegian coast.

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The transaction comprises 106 properties totaling 264,000 sqm and 1,781,000 sqm of land in six different strategic locations. From Stavanger in the southwest to Hammerfest above the Arctic circle, the properties of ABP are portals between land and sea industries, underpinning leading Norwegian industrial sectors

Haavinds M&A and Real estate teams have acted on behalf of Fastighets AB Balder in the acquisition.

Fastighets AB Balder’s real estate portfolio had a value of SEK 151 billion as of 30 September 2020. The share is listed on Nasdaq Stockholm, Large Cap.