Oslo Areal acquires office building in Stavanger for EUR 50m

Property company Oslo Areal has completed the acquisition of the Kanalpiren office building in the Norwegian city of Stavanger for NOK 410 mln (EUR 50.5 mln). The building was sold by Hinna Park, a wholly owned subsidiary of Fornebu Utvikling (FBU) - formerly Scandinavian Property Development. Settlement took place on 10 February 2010.

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