NPRO – Enters into new lease contract for Monier – Verkstedveien 1 at Skøyen

Norwegian Property has entered into a lease contract with Helsedirektoratet (Norwegian Directorate of Health) for an area of 7 559 square meters in Verkstedveien 1 at Skøyen. The lease length is 5.2 years and the tenant is expected to move in during November 2015. The space will be used by e-helse, which is a division in Helsedirektoratet. The organisation is today located in Pilestredet and Universitetsgata in the city center of Oslo.

Monier – Verkstedveien 1 has one of the most attractive locations at Skøyen, close to public communication. The building is a new build with high degree of energy efficiency (passive house). Total space is 31 700 square meters, and including this new lease contract total letting ratio is approximately 70 per cent. Norwegian Property has previously entered leases with Statens Pensjonskasse, Sektor Gruppen, PA Consulting and Exponova.

For further information, please contact:
Tore Heldrup Rasmussen, EVP Commercial, phone +47 907 74 777

Svein Hov Skjelle, acting CEO, phone +47 930 55 566

Norwegian Property is a focused and fully integrated office property company with 39 properties located in the Oslo area and Stavanger in Norway. The portfolio, which has a total fair value of NOK 16.2 billion, is characterized by central location and attractive premises high quality tenants. The group’s properties consist largely of office premises, associated warehousing and car parking, as well as retail and catering space. The company has identified four value drivers for long-term value creation; Marketing & letting, Property management, Property development and Transactions & finance.

Norwegian Property is listed on Oslo Stock Exchange with the ticker NPRO.

www.npro.no

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