Former sports star has been on RE shopping spree

Norwegian Kraft Finans – controlled by ex-volleyball star Bjørn Maaseide - has bought real estate for EUR 400m over the past three years. Now the asset management company is considering raising more money for further growth.

Norwegian volleyball player Bjorn Maaseide sets the ball against the United States during the 2004 Olympic Games in Athens. | Photo: Ritzau Scanpix

During the last three years, Norwegian asset manager Kraft Finans has purchased properties for around EUR 400m, partly financed by EUR 100m in equity from its clients.

Recently, Kraft Finans, which is controlled by ex-volleyball star Bjørn Maaseide, has sold two new real estate projects to investors. In total, around EUR 13m has been raised for the two projects.

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