BSA: Norwegians plan further investments in Germany
The Norwegian fund company BSA Capital AS is planning further object acquisitions in Germany for its Prime Office Germany AS fund. For this purpose, the Norwegians have received €125mn in credit from the Landesbank Hessen-Thüringen (Helaba) and the Bayerische Hypo- und Vereinsbank (HVB). According to the firm, the investments are to be made before the end of the current year. The Prime Office Germany fund is investing in office buildings in Berlin, Hamburg, Düsseldorf, Frankfurt and Munich. The BSA group is also active on the German market with its fund BSA Berlin, investing exclusively in residential buildings in choice sections of Berlin.