Public Property Invest

M&A Activity • Sep 16, 2025

PPI acquires Kleivbakken 9 in Lillehammer

PPI acquires Kleivbakken 9 in Lillehammer

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