REQ Fund I acquires Roseveien 1, Lillestrøm
REQ Fund I closed its second investment – Roseveien 1, Lillestrøm, from Øst Eiendom Holding. This is the first fully owned asset comprising approx. 14 000 sqm mixed use.
Total transaction value was NOK 328 million.
In addition to a strong cash flow the investment has approx.. 4 500 sqm development potential already pre-signed on a 20-year lease with Hedin Bil (BMW dealership).