Through the purchase of shares and the exercise of subscription rights, Atlantis Vest has acquired a total of 22.7% of Eiendomskreditt AS. The total transaction value is 109.6 million kroner.
Eiendomskreditt is an independent credit institution that offers loans for commercial real estate, joint debt for housing cooperatives, and loans for owner-occupied homes. Its lending is primarily financed through the issuance of covered bonds.
Eiendomskreditt AS was established in 1997 and is currently owned by Atlantis Vest, Meteva AS, and 80 savings banks from across the country, representing all cooperative groups.
Eiendomskreditt has total assets of nearly 4.7 billion kroner.
