UNION CORE REAL ESTATE FUND AS • 916162332 • Oslo • Financial service activities, except insurance and pension funding

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Banking and insurance

/ Financial fund

/ 64.302 Other investment companies, except captive companies

UNION CORE REAL ESTATE FUND AS

Keywords

obtains share capitalequity capitalinvestssecurities

Organization

Chairman of the board: ØA
Øystein Arnulf Landvik1962
Years since formation: 10 years; since Oct 31, 2015
Type: Limited company
VAT registered: No
Number of employees: 0

Ownership

Number of shares and share classes: 29,076,539; 1 share class
Total number of shareholders: 18; companies
Belongs to group of

Financials

Annual total result 2024: 120,861,000; NOK
Total equity 2024: 2,844,091,000; NOK

Last update: May 31, 2025

Management

Board

Name	Role	Shares
MA Marius Alfredsen 1977	Contact Person	-
ØA Øystein Arnulf Landvik 1962	Chairman	-
OH Ole-Christian Hillestad 1970	Board Member	-
BM Berit Myhra 1968	Board Member	-

Others

Name	Role	Shares
R RSM NORGE AS	Auditor	-
A AIDER AS	Accountant	-

Last update: Dec 9, 2024

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
P PENSJONSORDNINGEN FOR APOTEKVIRKSOMHET	Ordinary shares	6,428,919	22.11 %
F FORMUESFORVALTNING PRIVATE MARKETS PLC	Ordinary shares	2,716,262	9.34 %
A ARENDAL KOMMUNALE PENSJONSKASSE	Ordinary shares	2,482,346	8.54 %
T TRONDHEIM KOMMUNALE PENSJONSKASSE	Ordinary shares	2,193,840	7.55 %
S SKIEN PENSJONSKASSE	Ordinary shares	2,104,969	7.24 %
K KRISTIANSAND KOMMUNALE PENSJONSKASSE	Ordinary shares	1,906,699	6.56 %
S SYKEHJELPS- OG PENSJONSORDNING FOR LEGER (SOP) STI	Ordinary shares	1,869,373	6.43 %
U UNION CORE 30 AS	Ordinary shares	1,638,277	5.63 %
S SANDNES KOMMUNALE PENSJONSKASSE	Ordinary shares	1,585,657	5.45 %
A A/S NORSKE SHELLS PENSJONSKASSE	Ordinary shares	1,471,316	5.06 %
A ASKER KOMMUNALE PENSJONSKASSE	Ordinary shares	886,520	3.05 %
B BODØ PENSJONSKASSE	Ordinary shares	769,731	2.65 %
F FRENDE SKADEFORSIKRING AS	Ordinary shares	751,914	2.59 %
P PENSJONSKASSEN FOR FYLKENE AKERSHUS BUSKERUD OG ØSTFOLD	Ordinary shares	664,297	2.28 %
A AKER PENSJONSKASSE	Ordinary shares	575,251	1.98 %
F FRENDE LIVSFORSIKRING AS	Ordinary shares	375,956	1.29 %
N NORWEGIAN HULL CLUB - GJENSIDIG ASSURANSEFORENING	Ordinary shares	329,288	1.13 %
E ELVERUM KOMMUNALE PENSJONSKASSE	Ordinary shares	325,924	1.12 %

Shares owned by the UNION CORE REAL ESTATE FUND AS

Name	Share class	Total number of shares	Share
U UNION CORE REAL ESTATE FUND HOLDING AS	Ordinary shares	1,000	100 %

Last update: Jun 2, 2025

Group structure

UNION CORE REAL ESTATE FUND AS
Total operating income 2024: NOK 0
Operating profit 2024: NOK -5,225,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Annual Total Result	120,861,000	-154,989,000	114,593,000	72,231,000
Total assets	2,847,342,000	2,760,671,000	2,707,086,000	2,492,934,000
Total liabilities	3,251,000	1,953,000	958,000	1,474,000
Total equity	2,844,091,000	2,758,718,000	2,706,129,000	2,491,460,000

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	5,225,000	5,528,000	7,680,000	4,904,000
Operating result	-5,225,000	-5,528,000	-7,680,000	-4,904,000
Financial income/costs	126,387,000	-149,196,000	122,279,000	77,517,000
Profit before tax	121,162,000	-154,724,000	114,599,000	72,613,000
Total tax & extraordinary income/cost	301,000	265,000	6,000	382,000
Annual Total Result	120,861,000	-154,989,000	114,593,000	72,231,000

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	2,820,528,000	2,759,371,000	2,695,628,000	2,475,221,000
Total current assets	26,814,000	1,300,000	11,458,000	17,713,000
Total assets	2,847,342,000	2,760,671,000	2,707,086,000	2,492,934,000
Short term debt	3,251,000	1,953,000	958,000	1,474,000
Long term debt	0	0	0	0
Total liabilities	3,251,000	1,953,000	958,000	1,474,000
Contributed capital	2,610,800,000	2,646,287,000	2,438,709,000	2,293,353,000
Retained earnings	233,291,000	112,431,000	267,420,000	198,107,000
Total equity	2,844,091,000	2,758,718,000	2,706,129,000	2,491,460,000
Total equity and liabilities	2,847,342,000	2,760,671,000	2,707,087,000	2,492,934,000

Classification

Category

Banking and insurance

/ Financial fund

Type of organization

Limited company

Standard industrial classification

K

Main industrial area

Financial and insurance activities

64

Activity

Financial service activities, except insurance and pension funding

64.3

Main industrial group

Trusts, funds and similar financial entities

64.30

Industrial group

Trusts, funds and similar financial entities

64.302

Industrial group

Other investment companies, except captive companies