The board of Oslo-listed real estate firm Fornebu Utvikling (FBU) has approved an offer to purchase the units held by all unit holders. The NOK 340 mln (EUR 42 mln) financing for the transaction is in place, the company, formerly known as Scandinavian Property Development, announced on Tuesday.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
