Centennial Invest had in average NOK 95m invested in the first six months of 2024, with a profit of 17,320m or 18,23% return YTD (annualized 36,46%).
Read moreSustainable Upgrade - Sagveien 25
As part of our ongoing efforts to make our logistics building at Sagveien 25 more sustainable, we have recently installed a huge solar panel system on three of its facades.
With over 850 panels the estimated annual production of the system is 271 704 kWh.
Grønn Strøm AS, the company that installed the system, has documented the process in several videos. Check out one of them below.
Tom Loftus - Wisconsin Icons episode 12
Tom Loftus oversees Centennial's real estate investments in Arizona. He has previously been the United States Ambassador to Norway and is now being honored in an episode of Wisconsin Icons with Bob Dolan.
Watch the episode below.
Centennial and Spedify enter into partnership - emerging as a significant player in third-party logistics
We have acquired a stake in the leading warehouse and logistics company, Spedify, which is expanding its operations by 25,000 m2 by moving into our property in Askim, Sagveien 25.
"We see significant potential in Spedify and are impressed by their vision and ability to adapt to a rapidly changing market. Our investment and commitment reflect our belief in the company's future and its role in shaping the logistics industry. Additionally, this aligns well with our e-commerce strategy," says Raymond Gabrielsen at Centennial.