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ABP acquires property portfolio

HitecVision is pleased to announce that Asset Buyout Partners has acquired a portfolio of six properties in Risavika Harbour, a strategic petroleum industry hub in the Stavanger area.

HitecVision is pleased to announce that Asset Buyout Partners has acquired a portfolio of six properties in Risavika Harbour, a strategic petroleum industry hub in the Stavanger area. The acquired portfolio includes 12,000 sqm of buildings and more than 100,000 sqm of land. The properties are let to strong counterparties in the oil and gas sector.

Through this transaction, Asset Buyout Partners expands its current presence at CCB, Vestbase and Hammerfest to also include Risavika. ABP regards Risavika as one of the most attractive oil and gas hubs in Norway, and envisages further acquisitions in this area.

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