Public Property Invest ASA (OB:PUBLI) agreed to acquire Portfolio of Eight Kindergartens in Norway from Læringsverkstedet AS in a transaction valued at approximately NOK 180 million on December 12, 2024. In a Separate transaction, Public Property Invest ASA signed an agreement to acquire Rigedalen 5 in Kristiansand from Njord syndicate Kristiansand Offentlige Eiendom AS in a transaction valued at approximately NOK 160 million. The transactions will be financed through a combination of assuming parts of the existing debt of NOK 50 million, 7 years with swap of 2.27% and cash.

For the period ending December 31, 2023, Portfolio of Eight Kindergartens in Norway reported total revenue of NOK 10.8 million. The transaction is expected to close on December 13, 2024.