Oslo-based investor Norwegian Property said Friday it has sold three non-core assets to a consortium led by Patero Private Equity for NOK 823 mln (EUR 104 mln). Specifically, it has agreed to sell the Ostre Aker vei 20 and 22 properties at Okern in Oslo for NOK 155 mln while an 80% stake will be sold in its Forskningsveien 2 property for NOK 668 mln. Norwegian Property said the net rent for 2008 for the Forskningsveien asset was NOK 36.3 mln, implying a net initial yield of 5.4%.
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