In July 2021, the acquisition of the first five shopping centers in the Aurora portfolio was completed, and this marked the start of our business.
At the same time, Aurora Eiendom AS took over 50% of the shares in Alti Forvaltning AS, which now manages the shopping centers and manages Aurora Eiendom as a group. The combination of well-located, modern high-quality centers and an industry-leading management organization provides a solid foundation for further growth and development. The shares in Aurora are registered on Euronext Growth Oslo
Our mission is to own, operate and develop leading shopping destinations and create value for customers, tenants and investors.
Aurora Eiendom will continue to seek out and invest in shopping centers that are carefully selected.
Aurora Eiendom, together with Alti Forvaltning, carries out a thorough analysis of rental income, costs, tenants and competition as part of the investment decision.
The company actively opts out of deals that do not fit our strategy and portfolio, the focus is on proper growth.
Profiled investor and businessman best known for his ownership in Nordic Choice. Extensive experience with retail – helped rebuild Steen & Strøm in 1991 and was one of the cornerstone investors in Sektor Gruppen before it was sold to Citycon in 2015.
Majority owner of the largest grocery chain in Norway, Norgesgruppen. Significant real estate owner and one of the cornerstone investors in Sektor Gruppen (31 %) before the company was sold in 2015.
Lars Løseth is regarded as one of the leading shopping center experts in Norway. Best known as the founder of AMFI, a significant owner and the largest operator of shopping centers in Norway.
Marius is the CEO and Chairman of Varner, one of Norway ́s largest retail companies. Cornerstone investor in Sektor Gruppen (27%) before the company was sold to Citycon in 2015.
Sigurd is COO in Eiendomsspar, which is one of the leading real estate companies in Norway. Prior to Eiendomsspar, he worked 7 years at Olav Thon Gruppen, and 2 years in DnB Asset Management. Sigurd holds an MSc Economics with specialisation in Finance from BI Norwegian Business School.
Lars Ove holds a BSc in Retail Management from BI Norwegian Business School and a
MSc in Real Estate Developement from NMBU. He has extensive experience in shopping center management, and has been CEO of Alti Forvaltning since 2018. Prior to Alti, Lars Ove was trainee at Olav Thon Gruppen, leasing manager at LL Holding and retail consultant at BigBlue & Company.
Before joining Alti Forvaltning in September 2021, Aage was Regional Director at Olav Thon Gruppen for 9 years. Aage has previously worked as Property Manager and Regional Director at Amfi Drift AS. Before starting his career in shopping center management, Aage worked in retail, production and wholesale. Aage holds degrees at Norsk Kjøpmannsinstitutt and BI.
Kathrine holds MSc in Economics and Finance from Université Toulouse 1 Capitole in France. She has work experience from IBM, Danske Markets Corporate Finance, Amfi Eiendom AS and Sparebank 1 Nordmøre. Kathrine joined Alti Forvaltning in July 2021.
Alti Forvaltning AS is a professional property manager, and currently manages 38 shopping centers, among these the centers owned by Aurora Eiendom.
Alti Forvaltning AS is owned 50% by Aurora Eiendom AS and 50% by Alti AS (LL Holding AS 80% and Sørco Holding AS 20%).
The head office is located in Surnadal, Nordmøre region, with branch offices in Oslo, Trondheim, Arendal and Ålesund.
Alti Forvaltning AS has around 50 employees in administration, as well as employees out in the shopping centers (approx 90). All management resources dedicated to Aurora Eiendom AS are employed in Alti Forvaltning AS.