Aker Property Group Completes Final Acquisition of Public Property Invest ASA

FORNEBU, Norway – June 10, 2025 – Aker Property Group AS, operating through its subsidiary APG Invest AS, has successfully completed the third and final tranche of its acquisition of a strategic ownership interest in Public Property Invest ASA (OSE: PUBLI). This acquisition was first announced on May 13, 2025. The final tranche consists of 49,916,497 shares in Public Property Invest ASA, which brings APG's total ownership to 84,589,085 shares, representing approximately 24.58 percent of the total shares and voting rights in the company.

The acquisition marks a significant strategic move for Aker Property Group, positioning it as a major stakeholder in Public Property Invest ASA, a company listed on the Oslo Stock Exchange. This transaction aligns with Aker’s broader strategy to enhance its investment portfolio in the real estate sector, especially in public infrastructure projects.

According to Jens Jalland, CEO of Aker Property Group, "This acquisition allows us to deepen our investment in Public Property Invest ASA, which is poised for growth in the public property sector. We are excited about the opportunities that lie ahead and the potential for collaboration with the existing management of PPI."

In conjunction with this acquisition, an extraordinary general meeting of shareholders was held today, during which Jens Jalland and Charlotte Haakonsen, General Counsel of Aker, were elected as new members to the board of directors of Public Property Invest ASA. This strategic board appointment is expected to strengthen the governance and operational oversight of PPI, as it seeks to leverage Aker’s expertise in property investment and management.

The implications of this acquisition extend beyond mere ownership stakes. Aker Property Group aims to utilize its significant shareholding to influence the strategic direction of Public Property Invest ASA, potentially leading to more robust investment decisions and enhanced operational efficiencies. As the real estate market continues to evolve, particularly in the face of economic uncertainties, Aker’s involvement could provide PPI with the necessary resources to navigate challenges effectively.

Experts in the real estate and investment sectors have noted that consolidating ownership within public property investments can lead to increased stability and focused growth strategies. According to Dr. Mark Ellis, Professor of Real Estate Finance at the University of California, Berkeley, "Having a significant shareholder like Aker can provide not only capital but also strategic guidance which is crucial in a competitive market."

The real estate landscape in Norway has seen fluctuations, and the public property sector is no exception. With a shift towards sustainable investment practices and increased demand for public infrastructure, Aker’s investment could position Public Property Invest ASA favorably for future growth. According to a report by Statistics Norway published in April 2025, investments in real estate in the country have grown by 15% over the past year, signaling a positive trend for stakeholders in this sector.

As the market continues to evolve, the collaboration between Aker Property Group and Public Property Invest ASA may serve as a model for other investment firms looking to tap into the growing public property market. Analysts predict that the partnership could catalyze further investments and property developments, particularly in urban areas where demand for public infrastructure has been steadily increasing.

In conclusion, the completion of this acquisition marks a pivotal moment for both Aker Property Group and Public Property Invest ASA. As they move forward together, the impact of this strategic partnership will likely be felt across the Norwegian real estate landscape, with potential ripple effects in regional and national economic contexts. Stakeholders will be closely monitoring how this collaboration unfolds and the implications it holds for the broader investment community in Norway.