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Norwegian Property sells property in Oslo

Oslo-based investor Norwegian Property has entered into an agreement for the sale of Økernveien 9 at Tøyen, Oslo. The gross property value is NOK 215 million. The buyer is DTZ Realkapital Corporate Finance AS, which will syndicate the property to a consortium of investors.

The transaction will release approximately NOK 37 million and it is planned to be completed at the end of May 2008.



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