Tristan Adds Norwegian Retail Parks
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Grenland Handelspark in Skien of one of five retail parks in the Coop Norge portfolio.
LONDON—Continuing a run of retail-related acquisitions it has made over the past nine months, Tristan Capital Partners has agreed to acquire a portfolio of five retail parks and four development sites in Norway. The €136-million (US$205 million) purchase from the property arm of retail group Coop Norge is being made through the European Property Investors Special Opportunities 3 fund, advised by London-based Tristan.
Totaling approximately one million square feet, the portfolio includes development potential for about 420,000 square feet of retail warehouse space at four sites across southeastern Norway. The existing retail parks acquired by EPISO 3 are: the Mo Handelspark in Mo i Rana, Hangaren Lade in Trondheim, Breiviksenteret in Ålesund, Grenland Handelspark in Skien and the Tune Handelspark in Sarpsborg…
Tristan Adds Norwegian Retail Parks
