CapMan Nordic Real Estate II leases large retail area in central Oslo to Power
CapMan Nordic Real Estate II fund has let approx. 1,800 sqm of retail space at Lille Grensen 5 to Power, the large and well-known pan Nordic electrical retailer.
Power has leased the entire basement, ground and first floor retail space for a period of 11 years. The property is a 4,700 sqm mixed retail and office building located on Lille Grensen, a well-known pedestrianised street in the heart of Oslo city centre which connects with both Karl Johans gate, the premier retail street in Oslo, and Grensen.
CLP has advised CapMan throughout the process. CLP’s core team has consisted of Håvard Skogvoll and Mathias Borch.
Further information is available here.