Securing a lease agreement for a 10,000m² hotel at Hinna Park with the hotel developer Up North affiliated with Adolfsen Group on behalf of H.I.G. Capital. The agreement inaugurates the repositioning of Jåttåvågveien 10 – 12 which is an 50,000m² office complex in Stavanger.
Anvil Asset Advisors is establishing an office in Denmark in order to expand its operating partner services as well as provide a local presence for the company's mezzanine platform, Hybridge. A local office will increase Anvil’s activity in the market as well as enhance the ability to provide top-tier local asset management services the company's clients.
Anvil is managing a logistics portfolio consisting of 10 assets totaling 183,000m² in Denmark on behalf of controlled affiliates of Starwood Capital Group, for whom it also manages a portfolio of logistics assets in Norway.
Anvil Asset Advisors has been engaged by H.I.G. Capital as asset manager for their Stavanger portfolio. With ~100,000m² in total, H.I.G. manages the 3rd largest private office portfolio in the Stavanger region. The portfolio consists of assets in the Forus and Hinna sub-markets, with a diversified tenant base, among them Aker BP, Equinor and Siemens.
Anvil has on behalf of Starwood Capital Group facilitated the disposition of the class A Stavanger office building Verven 4 to a local real estate company, SVG Property. Verven 4 is a 14,000m² office building with oil major Repsol as the main tenant. The transaction also included the disposition of Badehusgaten 41, a parking facility with 133 parking spaces, and marks the exit of Stavanger on behalf of the Starwood-owned Fortin Properties.
Starwood Capital Group acquires Høgslundveien 49 and Sanitetsveien 1. The ~34,500m² portfolio is Starwood’s first acquisition in the Norwegian Logistics market. The assets are let to high quality tenant Kesko Corporation and Sandvik Group. Anvil has advised Starwood in the acquisition and will be the asset manager on the portfolio.
Anvil has launched Hybridge Mezzanine, a platform for mezzanine debt financing across the Nordics. Hybridge is a joint venture between Anvil, Jens Engwall (founder of Hemfosa and Nyfosa), Samfunnsbygg and Eiendomshuset Malling & Co. Hybridge has raised its first fund, Nordic Mezzanine Fund I, and is actively looking to invest.
Anvil and Tristan Capital have acquired one of the largest light industrial assets in Bergen, Norway's second largest city. The 33,000 m² high-quality industrial asset is strategically located between the Bergen airport and the city center.
Anvil has on behalf of Starwood sold the ~3,400m² high street retail asset Bogstadveien 3-7. During the hold of the investment, Anvil secured three new leases and two extensions in maintaining the property’s position as one of the strongest retail locations in Oslo. The asset was sold to Vatne Capital in December 2021.
Kongens Gate 21 (also known as "Telegrafen") for which Anvil acted as asset manager for the previous owners (Tristan Capital Partners (80%) and local Norwegian investors Eiendomshuset Malling & Co and Vedal) was awarded Cityprisen, an award granted annually for projects going "above and beyond" to build better properties to improve cities and municipalities.
Anvil successfully completes repositioning of the prestigious Karl Johans Gate 45 by securing Sumo Restaurants as replacement tenant for Hard Rock Café. The new tenant has signed a long lease for ~1,700 m² and will open during the summer of 2022.
Following the successful bond placement at Söder", Jefast has refinanced three office and residential properties in central Helsingborg and Högänäs with Brunswick Real Estate Capital. Jefast was exclusively advised by Anvil on the financing.
Jefast has issued SEK 220 million in senior secured bonds to re-finance existing debt on a centrally located F&B and retail property in central Helsingborg, Sweden, named "Söder". The bond issue will increase by an additional SEK 187 million to finance the construction of a 83-unit residential tower on top of the existing retail property. Pareto Alternative Investments provided the financing through its sustainability linked real estate fund, Pareto Real Estate Credit Fund. Jefast was exclusively advised by Anvil on the financing.
Anvil and Malling & Co have formalized a strategic partnership which includes Malling acquiring a 25% interest in Anvil Asset Advisors AS. The objective is to create synergies by leveraging each party's respective strengths and jointly explore new business opportunities. Malling is one of the largest real estate platforms in Norway which includes transaction brokerage services, leasing advisory, property management, fund management and research. Malling has more than NOK 10bn of assets under management consisting of more than 2.5 million m² of commercial real estate, and 230 employees across Norway.
The 25,000 m² landmark building in Kongens gate 21 is sold to an Arctic Securities syndicate. Since taking over asset management for the prestigious project in 2018, Anvil has successfully leased up more than 19,000 m² of office space to tenants including Banenor, Norconsult, Ahead Group and Nordic Office of Architecture as well as 3,150 m² of F&B space to Skagstindgruppen. At the same time, Anvil branded the asset as "Telegrafen" and oversaw the complete redevelopment project from start to finish (August 2018 - September 2020).
Leasing at Telegrafen is completed as Anvil secures a long-term lease with Skagstindgruppen for more than 3,100 m² to create the Telegrafen food & beverage concept which intends to become one of Norway's largest social scenes.
Following the sale of Tristan's big box portfolio to Ragde Eiendom, Anvil completed the development of Tesla's service center at Tune Handelspark in Sarpsborg. The 3,250 m² newbuild was Tesla’s first ever ground-up, built-to-suit service station worldwide.
Anvil, on behalf of Starwood, have sold the 10,000m² Tesla-anchored property at Forus to French fund Corum. While managed by Anvil the property has been fully redeveloped, with Tesla expanding their premises in multiple stages.
