EPISO 4, an opportunity fund advised by Tristan Capital Partners, has sold the €210 million ($256 million) landmark Telegrafen building in Oslo, Norway, following an extensive renovation project.
The 25,500-square-meter (275,000-square-foot) building, situated in the Kvadraturen district of the Norwegian capital, has been sold to a syndicate by Arctic Securities in one of the largest single real estate transactions in Norway.
The historic Telegrafen Building was acquired in 2016 by the EPISO 4 fund with co-investment from the Malling and Vedal families. Following the acquisition, the building underwent extensive renovation work to create modern class A office space in central Oslo, with food and beverage offerings on the ground floor.
In 2020, the refurbishment of Telegrafen was awarded the “Very Good” BREEAM rating in recognition of its focus on sustainability in design and operation. Delivery of the project focused on the reuse and restoration of existin
