Norway’s Telenor sells headquarters building for $587.56 million, Real Estate News, ET RealEstate

OSLO: Norwegian telecom firm Telenor has agreed to sell its headquarters building in Oslo to Norwegian Property for about 5.45 billion crowns ($587.56 million), the company said on Tuesday. The state-controlled company said it would lease back parts of the buildings for 25 years as part of its “simplification” programme, recording an accounting gain of […]

Norway house prices up 5% y-o-y, fastest growth in three years, Real Estate News, ET RealEstate

OSLO: Norwegian seasonally adjusted housing prices rose 0.9% between June and July and are up 5% for the last 12 months, a real estate industry association said on Wednesday. It was the fastest annual growth since June 2017, driven by cheaper mortgage rates, as the Norwegian central bank cut its key policy rate to a […]

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