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R8 Property sells multi-purpose building in Tjøme

Recreate ASA has sold the property at Østveien 665–667 to Falconer Næring AS.

Neither party will comment on the price, but the transaction will not have an accounting effect on Recreate ASA.

The property has been a part of Recreate’s portfolio since 2019, and the transaction is in line with the company’s stated strategy of specializing in large, sustainable properties located at central hubs.

The takeover of the property is on Wednesday 1 June.