Beskrivning
| Land | Norge |
|---|---|
| Sektor | Fastigheter |
| Industri | Förvaltning |
2022-10-27 23:07:03
Porsgrunn, Norway, 27 October 2022
Recreate ASA ("Recreate") entered on March 31, 2022 into an agreement with
Skanska Commercial Development Norway Holding AS ("Skanska") to acquire
Parallell, an office property located in Økern, Oslo and owned by Lørenveien
Næring AS and refers to its previous stock exchange notices in this regard on 1
April 2022 and 22 July 2022. The completion of the transaction was expected to
take place in November 2022, but was conditional upon financing.
Recreate has been working on several financing solutions. Due to the current
challenging and uncertain situation in the capital and real estate markets,
Recreate has not been able to obtain satisfactory financing of the transaction.
The transaction will therefore not be completed.
For further information, please contact:
Emil Eriksrød, CEO
emil.eriksrod@recreate.no
+47 415 22 463
Eirik Engaas, CFO
eirik.engaas@recreate.no
+47 934 99 340
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.