Salto Eiendom - Merger with Scala Retail Property - NOK ~7 billion
Arctic acted as Sole Financial Advisor for Salto Eiendom in connection with the merger of the two Norwegian shopping centre companies Scala Retail Property and Salto Eiendom. The merged company will be become the fourth largest shopping centre company in Norway. The combined portfolio includes 20 owned centres with a total turnover of around NOK 8.5 billion. The strategy is to focus on development, revitalization and management of medium sized shopping centres in Norway.
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