PPI acquires Kleivbakken 9 in Lillehammer

16 Sep 2025 08:55 CEST

Public Property Invest ASA ("PPI") has signed an agreement to acquire
Kleivbakken 9 in Lillehammer. The transaction is based on a total property
value on NOK 87.6 million. The property is approximately 4,900 and it is fully
let, mainly to NTG (Norwegian College of Elite Sports) with an average
unexpired lease term of 10 years.

"PPI's strategy is to grow by being a leading consolidator of social
infrastructure properties in the Nordics. This school property offers an
attractive yield, and the transaction is well aligned with our strategy", says
Andre Gaden, CEO.

The transaction is expected to close on 1 October 2025.

Contact
André Gaden
CEO
andre@publicproperty.no
+47 93037322

More information:
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