Press Release
Bulk Industrial Real Estate sells prime logistics portfolio to KLP Eiendom
Media Contact
Hilde Rusnes
Head of Marketing
Oslo, Norway – 19 December 2025 – – Bulk Industrial Real Estate has successfully sold Project Athena, a prime logistics portfolio located across the Oslo region to KLP Eiendom AS.
The portfolio, which consists of 14 high-quality assets, was sold for NOK 3.95 billion.
The acquisition marks KLP Eiendom's entry into the Norwegian logistics market.
“We are proud to have acted as exclusive financial advisor to the seller in this significant, high-quality logistics transaction, and would like to thank Bulk for the trust placed in us. This transaction represents a major milestone for the market and a strong vote of confidence to the industrial and logistics sector as an investment segment. We congratulate all parties involved and extend our congratulations to KLP on entering the logistics real estate market.,” says Alexander Stensrud, Head of Capital Markets, Norway.
CBRE was represented by the Transaction Team consisting of Alexander Stensrud, Jack Cox, Amund Medbø, Simen Torgersen, Igor Petkovic, Märta Stopner, and Ellen Hjort Bech; and the Investment Banking Team consisting of Jørgen Arnesen and Simen Nordengen.
CBRE’s acquisition of 60 Grader in 2024 has brought significant expertise in warehousing, logistics and industrial property to our transactions and leasing teams. The sale of Bulk’s logistics portfolio reinforces our market-leading position in Norway within this segment,” says Managing Director at CBRE Norway, Jørgen E. Arnesen.
The portfolio, which consists of 14 high-quality assets, was sold for NOK 3.95 billion.
The acquisition marks KLP Eiendom's entry into the Norwegian logistics market.
“We are proud to have acted as exclusive financial advisor to the seller in this significant, high-quality logistics transaction, and would like to thank Bulk for the trust placed in us. This transaction represents a major milestone for the market and a strong vote of confidence to the industrial and logistics sector as an investment segment. We congratulate all parties involved and extend our congratulations to KLP on entering the logistics real estate market.,” says Alexander Stensrud, Head of Capital Markets, Norway.
CBRE was represented by the Transaction Team consisting of Alexander Stensrud, Jack Cox, Amund Medbø, Simen Torgersen, Igor Petkovic, Märta Stopner, and Ellen Hjort Bech; and the Investment Banking Team consisting of Jørgen Arnesen and Simen Nordengen.
CBRE’s acquisition of 60 Grader in 2024 has brought significant expertise in warehousing, logistics and industrial property to our transactions and leasing teams. The sale of Bulk’s logistics portfolio reinforces our market-leading position in Norway within this segment,” says Managing Director at CBRE Norway, Jørgen E. Arnesen.
About CBRE Group, Inc
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.