Europa Capital, acting on behalf of its Europa Fund II, has completed the acquisition of an office building at Olaf Helsets Vei 5 (OH5) in southeast Oslo from Acta, the Oslo municipality pension fund, for NOK 569 mln (EUR 71 mln). OH5 provides 44,000 m[sup]2[/sup] of office, educational, light industrial and healthclub space on a four-hectare site. The property is let to 14 tenants, including Oslo Municipality (education), Norwegian Post, Eniro and Whirlpool and currently produces nearly NOK 45 mln in annual rent.
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