Slate Asset Management to acquire the World Seafood Center from Oslo Airport City for NOK1.3bn.

Slate Asset Management, a global alternative investment platform targeting real assets, agreed to acquire the World Seafood Center, a state-of-the-art, new build seafood refrigeration and distribution facility, from Oslo Airport City, an urban property developer, for NOK1.3bn. "We are pleased to be increasing our exposure to European essential real estate with the acquisition of this premier cold storage and distribution facility. The World Seafood Center has established itself as a critical part of the food supply chain globally, providing consumers across Europe, America, and Asia with access to high-quality Norwegian seafood. As global demand for sustainable seafood continues to grow, we look forward to working together with the leading tenants at the World Seafood Center to further enhance the quality, efficiency, and resiliency of this facility, ensuring it remains a major seafood export hub for years to come," Sven Vollenbruch, Slate Managing Director.