IFLR1000

Meyer Bergman €568.7 million acquisition of Promenaden Property

6/12/2015
Private acquisition
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€ 568.7 million

$ 604.381 million

Completed

6/12/2015

Overview:

  • European real estate investment fund Meyer Bergman completed its €568.7 million acquisition of Norwegian Promenaden Property from Søylen Eiendom.
  • Promenaden owns and operates luxury shopping centers in Oslo.
  • This was the second largest Norwegian real estate transaction in 2015.

Kurt Stumpo - Journalist

Jurisdiction:

Norway

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Norway

Industry sector:

Real estate

Firms:
BAHR

Party: Meyer Bergman (Acquirer)

Lawyer: Erik Langseth

Thommessen

Party: Søylen (Seller)

Lawyers: Christopher Borch, Ervin Auren

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