Swiss Life Asset Managers, OBOS and REBUS have entered into an agreement to acquire the NRK property at Tyholt in Trondheim Norway. The acquisition enables the development of approximately 650 residential units in one of Trondheim’s most attractive and centrally located residential areas.
Swiss Life Asset Managers, OBOS and REBUS are partnering to acquire and develop Otto Nielsens veg 2, currently home to NRK’s regional headquarters in Trøndelag. OBOS will act as the developer and project manager. The property comprises approximately 41 000 sqm and is centrally located at Tyholt, a well-established and attractive district with close proximity to the city centre.
The area is currently being rezoned for residential purposes, and the site is estimated to have the potential for approximately 650 homes. The partners aim to launch sales of the first residential units within three years.
Planning a Diverse Residential Development
In the municipal master plan, the property is designated as a central urban area suitable for residential development, with elements of commercial use. Planning of the large-scale residential project will now commence. The development will feature a diverse mix of buildings, primarily apartments. Areas will also be allocated for commercial activity and plans already include the establishment of a REMA 1000 grocery store.
Otto Nielsens veg 2 is located on elevated terrain, allowing for a combination of efficient land utilisation and high-quality outdoor spaces. “The site has unique qualities, and we look forward to a long-term partnership with REBUS and OBOS on this development project,” says Morten Berg, Senior Transaction Manager at Swiss Life Asset Managers.
Information
Swiss Life Asset Managers Nordic
Communications
+47 99 40 44 77
axel.wroll-evensen@swisslife-am.com