Storebrand ASA (OB:STB) acquired K8 Office Property in Stavanger, Norway from Base Gruppen AS for NOK 1.1 billion on June 14, 2024. A cash consideration of approximately NOK 1.1 billion (?96.5 million) will be paid by Storebrand ASA. The property is a 15,330 square meters, with a wault of 12 years. The building is designed by Schmidt Hammer Lassen and constructed by Skanska.

Kluge Advokatfirma AS acted as legal advisor for Base Gruppen AS. Thommesen acted as legal advisor for Storebrand ASA. Colliers International Stavanger acted as sales advisors to Base Gruppen in their disposal of K8.

Storebrand ASA (OB:STB) completed the acquisition of K8 Office Property in Stavanger, Norway from Base Gruppen AS for NOK 1.1 billion on June 14, 2024.