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Follow on Google News | Knut Harald Nylænde: Moxie strengthens property investments in Norway and considers southern EuropeBy: Moxie AS The investments are still concentrated in the Norwegian market as that is where the group has the necessary expertise. However, Moxie and Knut H. Nylænde are considering some property projects in southern Europe. These will be done in cooperation with close partners with the needed capacities. The group’s current projects relate to housing projects in central Oslo and a development project in the city of Sarpsborg. The latter project which has still not gone through all regulatory hurdles will include 34 “life cycle apartments” something that represents a fairly new concept in Norway As a relatively long-term investor, the Group focuses on taking advantage of long-term market trends like the steady movement of people to the biggest cities in Norway. Since the establishment of the group almost 15 years ago, one of the group’s main activities has been investment and development of properties. The return on investment has been very satisfactory thus far. One key element of the investment strategy has been to co-invest with partners in the projects. Knut H. Nylænde adds: “In my view there are still a number of potential property projects in Norway that can give an excellent return on investment with the right strategy and the right people to manage the project.” He adds that they “carefully consider adding some projects to the property portfolio in Southern Europe". http://www.youtube.com/ +++++ Moxie AS and Knut Harald Nylænde have three main investment areas. In addition to property investments, the two other business areas are investments in smaller growth companies with a competitive edge in technology and innovation and in “special situation” investments. Web address: www.moxie.no End
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