Norwegian real estate billionaire buys island in Mallorca

Ivar Tollefsen (61) is a war horse. He finished fourth at the Dakar Rally in 2009 with the Nissan Navara. The Norwegian has already undertaken several Antarctic expeditions. Biggest passion: debuts.

Professionally tough. He trades real estate with his Swedish company Heimstaden. But really! It has 26,000 apartments worldwide. 14,000 properties in Berlin hotspot alone. He has 5,000 flats in Hamburg (D). Tenants poured into the street. No one believed Heimstaden’s full-bodied announcement that it would build “tenant-friendly” apartments. They didn’t stand a chance against the rental shark.

Peninsula bought for 62 million

No wonder Tollefsen quickly became a billionaire. The richest people in the world are ranked 804th on the Forbes list. Assets: CHF 5.4 billion. So how does such a wealthy real estate agent live? On the fortified peninsula of Sa Fortalesa in Port de Pollença. Price? 62 million francs. It’s a bargain. A few years ago the castle was the most expensive property in Spain at 100 million euros.

The 350-year-old property is listed and will be extensively renovated. So it will probably take some time for Tollefsen to step in. Meanwhile, the peninsula continues to be used for luxury weddings and filming. (be)

Source :Blick

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Tim

Tim

I'm Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor's Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.

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