The property comprises approximately 17,000 sqm across nine floors and forms a key part of Bane NOR Eiendom’s Quadrum development, a major urban transformation project on the former railway area adjacent to Kristiansand Station. Once characterised by disused tracks, a large parking area and outdated office premises, the site has been reimagined as a modern, sustainable and vibrant city district.

The groundwork for the development dates to 2011, when initial plans were submitted to the City of Kristiansand, accompanied by concept sketches developed together with renowned local artist Kjell Nupen (1955–2014). His vision was to transform the station area into a welcoming gateway to the city, defined by distinctive architecture and sweeping views towards the fjord and surrounding landscape.

The CMSRE fund, launched in 2024, focuses on modern and sustainable essential societal infrastructure across Norway, Denmark, Sweden and Finland. The acquisition of the Kristiansand Police Headquarters marks the fund’s first investment in Norway and fully aligns with its strategy. The fund is managed by Capman Real Estate, which has been investing in Norway through its other funds since 2017.

“The acquisition of the Kristiansand Police Headquarters brings the CMSRE fund’s portfolio value to over EUR 250 million (GAV). This growth underlines both the pace at which the fund is developing and the continued investor confidence in high‑quality social infrastructure. We see this as a strong step forward in our long-term strategy and in strengthening our presence across Nordic markets,” says Robert Feldt, Fund Director of Capman Social Real Estate fund.

The Kristiansand Police Headquarters comprises 17,000 square metres across nine floors and includes a wide range of specialised facilities designed to support the operational needs of modern emergency services. The property is located at Vestre Strandgate 55 in central Kristiansand and was completed in the summer of 2023. The main tenants include the Police, the Directorate for Civil Protection (DSB) and the Norwegian Directorate of Immigration (UDI).

The headquarters has been developed with a strong focus on environmental performance, incorporating sustainable materials and energy‑efficient solutions throughout the building. The property currently holds an EPC B rating, with a targeted upgrade to EPC A. In parallel, we are pursuing a BREEAM In‑Use Excellent certification, further reinforcing the asset’s strong sustainability credentials and our commitment to responsible asset management.

“With its central location and long‑term relevance, Kristiansand Police Headquarters aligns exceptionally well with the CMSRE fund strategy, which focuses on modern, sustainable assets that serve essential public functions. We are pleased to deepen our presence in Norway with an asset that aligns so clearly with our commitment to societal value creation and resilient real estate,” says Jens Henrik Larsen, Investment Director at Capman Real Estate.

The police headquarters was completed in 2023 and, together with an office building partly occupied by Bane NOR, forms a robust foundation for approximately 1,000 workplaces within the Quadrum district. The area has attracted a strong mix of public and private tenants, including the Norwegian Directorate of Immigration (UDI), the Directorate for Civil Protection (DSB), Capgemini, KPMG and Rambøll. Its strategic location at the intersection of train, bus, ferry and road connections further strengthens its role as Kristiansand’s mobility hub. Quadrum’s final construction phase, Quadrum Port, is currently underway and comprises a hotel and office building totaling approximately 26,000 sqm.

“This sale represents a natural handover of the baton from a property developer to a long-term real estate owner. Quadrum is a flagship example of modern mobility hub development in Norway. With this transaction, we are ready to hand over the responsibility to a party like Capman, who shares our commitment to society and sustainability,” says Morten Austestad, Executive Director of Property Development at Bane NOR Eiendom.