Slate Asset Management completed the acquisition of 36 essential real estate assets for $171m.

Slate Asset Management, an alternative investment platform, completed the acquisition of 36 essential real estate assets in Norway for $171m. “Essential real estate is one of our highest conviction investment themes, and we continue to accelerate our exposure to this asset class and scale our platform in Europe. This transaction significantly grows our footprint in one of Europe’s strongest and most stable economies with a portfolio of properties that are modern, high-quality and underpinned by best in-class tenant covenants. Our hands-on approach to asset management will enable us to identify and unlock the full potential of these assets to provide our investors with attractive long-term returns,” Brady Welch, Slate Founding Partner.