We are pleased to announce that NRP has purchased and taken delivery of three office properties in Grimstad, Norway. The properties are linked to the University campus and have significant development potential in the area surrounding the properties. The transaction is completed together with J.B.Ugland Eiendom, which will continue future development of the properties and surrounding area.

The three office properties comprise approx. 28 500 square meters, mainly let to public tenants such as the tax authorities, South-Eastern Norway Regional Health Authority, University of Agder, in addition to the Insurance company IF.

"This gives us a unique opportunity to think bigger and be more offensively, and is an operation to invest even more into Grimstad” – Bjørn Vedal, CEO, J.B. Ugland Eiendom AS.

 “We find Grimstad and Agder University Campus to be a very interesting area, and are excited to be a part of this development” - Christian Ness, NRP