Classic building sold by R8 Property

R8 Property ASA has sold the Storgata 171-175 property to AT Skog.

The classical building has been owned by R8 Property since 2011, and is now bought by AT Skog. The company will use the property for their own business. 

“This property means a lot to me personally, as it is one of the first properties I ever bought. Now, however, we’re making an adjustment in our portfolio, to focus further on sustainable buildings at central hubs”, says CEO, Emil Eriksrød. He doesn’t want to reveal the specific price, but says that both parts are satisfied with the transaction. The transaction will not have an accounting effect for R8 Property. 

The takeover of the property was the 1st of December 2021.