An asset management platform managing a portfolio of prime properties in central Oslo
The portfolio comprises 10 high street properties and two department stores located in historic central Oslo. The buildings are clustered around Karl Johans Gate, the principal shopping street of the Norwegian capital, and in close proximity to the Royal Palace and the Norwegian Parliament. The area is the busiest in terms of visitor numbers because of its proximity to the city’s historic attractions, the range of its retail offering and the bustling activity of its hotels, bars and restaurants.
As the capital of one of the fastest-growing and wealthiest cities in Western Europe, Oslo is attracting significant interest of international luxury brands in a market traditionally dominated by local or Nordic brands. Gucci and Hermès are among those to have opened stores on Nedre Slottsgate, the street that has become the prime pitch for luxury retailing.Promenaden Management website