We have assisted on one of the largest property deals of the year (2014)

The Stavanger-office of Aker Solutions and Akastor has been sold for approximately NOK 1,5 billion. 

Wikborg Rein has assisted the seller in connection with the sale of the shares in Hinna Park Invest AS, which owns the properties Jåttåvågveien 10-12. The properties consist of in total 66.000 sqm., and harbour the offices of Aker Solutions and Akastor. The buildings were built in 2012.

The main shareholders in Hinna Park Invest AS were Solist Hinna AS, Akastor AS, and The Resource Group TRG AS (Kjell Inge Røkke). Buyer in the transaction was Niam.

The transaction is based on a property value of approximately NOK 1,5 billion. Hence, the transaction is one of the largest property deals in Norway in 2014.  

The transaction is referred to in several articles on the internet (in Norwegian):