Real estate in Norway

BAHR

At BAHR, the ‘conscientious‘ real estate team is singled out for its ‘very deep professional knowledge‘ of large property development and urbanisation projects, structuring matters and complex real estate transactions. Its client base includes private equity funds, asset managers and foreign investors. Department head Anne Sofie Bjørkholt ‘brings a great deal of security and professional weight into any negotiation‘, and is highly regarded for her expertise in structuring real estate portfolios, real estate tax, transactions and development matters. Ole Andreas Dimmen and Andreas Rørvik, who joined from Advokatfirmaet Selmer AS in January 2021, are key practitioners in the group.

Practice head(s):

Anne Sofie Bjørkholt

Other key lawyers:

Ole Andreas Dimmen; Andreas Rørvik

Testimonials

‘Anne Sofie Bjørkholt is on top of everything, and has knowledge of the smallest details in a case. Her capability to stay calm in a negotiation, even if the party on the other side is not, is exemplary.’

‘Anne Sofie Bjørkholt brings a great deal of security and professional weight into any negotiation. You can always trust that assignments are delivered before the deadline.’

‘The team is always prepared and service minded, as well as professional and expedient. High competency level.’

‘Always easy to get hold of and reliable.’

‘They always quickly understand the situation and what we need. Based on that they clearly point out our options and a recommended way forward. The team covers all relevant areas, handled in a cost efficient way.’

‘Very service minded, always available and exceptional business understanding and knowledge.’

‘Anne Sofie Bjørkholt is extremely knowledgeable and has broad experience in the industry. Her experience and knowledge in VAT is very important and useful for our business. She also has a respectful and pedagogical approach which is very valuable in negotiations.’

Key clients

Aker ASA/Fornebuporten

Rica Hotels

AVA Eiendom AS

Oslo Pensjonsforsikring

Deka Bank Deutche Girozentrale

Höegh Eiendom AS

Union Eiendomskapital

DNB Livsforsikring ASA/DNB Scandinavian Property Fund

Fredensborg Eiendom AS

Schage Eiendom AS

Entra

Work highlights

  • Providing ongoing advice to Höegh Eiendom on the multi-billion NOK redevelopment of a former cellulose plant outside Moss Municipality.
  • Assisted the owners of residential development company Neptune Properties AS with the sale of all shares in the company.
  • Advised HitecVision VII, L.P. on the sale of Norwegian industrial real estate company Asset Buyout Partners AS to Fastighets AB, valued at NOK9bn.

Advokatfirmaet Haavind AS

The real estate department at Advokatfirmaet Haavind AS garners praise for its ‘in-depth market understanding, and covers all aspects of real estate deals‘. Key areas of expertise include advising on large transactions, often with cross-border elements, zoning matters and infrastructure projects, and the group has a strong track record in acting for foreign investors and funds in the Norwegian market. Practice head Jarle W Holstrøm ‘has exceptional, industry-leading knowledge especially when negotiating expropriation cases‘, while Christian Bjørn-Hansen is a ‘very strong negotiator‘, with ‘deep knowledge of all aspects of the sector‘, and Erling Timm has extensive experience in handling residential property mandates. Magnus Meisingset-Haug was promoted to the partnership in January 2021.

Practice head(s):

Jarle W Holstrøm

Other key lawyers:

Christian Bjørn-Hansen; Erling Timm; Magnus Meisingset-Haug

Testimonials

‘Haavind puts the customer first. They have in depth competence related to all fields within the real estate business, especially transactions and tax and duty. They always deliver on time and with high quality. The team is always available and can be contacted at any time. They have a unique ability in understanding the clients’ needs, and in negotiations / contracts they are very good in focusing on the issues being most important for their client.’

‘Erling Timm is always available for our company. He always leads all processes.’

‘Very solution oriented and pragmatic in contract negotiations. Quick responses and in-depth market understanding. Cover all aspects of real estate deals, e.g. VAT, tax issues, mergers and demergers etc, and hence offer the “full package”.’

‘Christian Bjørn-Hansen: a driver to get the deals done with excellent market understanding and great at finding solutions that are mutually acceptable.’

‘Jarle Holstrøm is efficient and highly competent in real estate matters. Engaged and motivating to work with.’

‘Our experience working with the Haavind team has been extremely positive throughout. The team was extremely competent, very personable, commercial and focused on achieving the best outcome for the client.’

‘The team is efficient, intelligent, and quick.’

‘Erling Timm is very hands-on and always on top of things. He knows what topics to focus on and is commercial at heart – valuable assets in the lawyer industry.’

Key clients

Fastighets AB Balder

Storebrand Eiendomsfond Norge KS

HIG Capital Realty Partners

Ragde Eiendom AS

Pareto Securities AS

Fearnley Securities AS

Entra ASA

Bulk Industrial Real Estate AS

Anthon B Nilsen Eiendom AS

PEAB Eiendomsutvikling AS

Norwegian Public Roads Administration

Telenor ASA

Vika Project Finance AS

Carnegie Project Finance AS

Vatne Property AS

Realkapital Investor AS

Hurtigruten Svalbard AS

Selvaag Eiendom AS

Canica Eiendom AS

Skanska Norge AS

Stor-Oslo Eiendom AS

Solon Eiendom ASA

AVANTOR AS

Work highlights

  • Assisted Swedish real estate company Fastighets Balder AB with a multimillion-euro cross-border acquisition of real estate company Asset Buyout Partners.
  • Advised property developer Anthon B Nilsen AS and its owners on the company’s restructuring, involving the sale of a 50% stake to Fastighets Balder AB. The transaction included the client’s total real estate portfolio and a development portfolio.

Advokatfirmaet Selmer AS

Advokatfirmaet Selmer AS has a ‘very well-rounded team that covers all aspects of the real estate market‘. Mikkel Vislie, who heads up the practice, is highly regarded for his expertise in acting for real estate developers, managers and investors in commercial and residential property transactions, financings and developments. Thomas Reppe Wetting is ‘results-oriented and pragmatic‘, and specialises in advising on complex transactions and development projects. Sverre Nordlie has ‘a very good reputation in the market and an excellent understanding of real estate economics‘. At senior associate level, Helene Hem Halum and Helene Flølo are names to note. Andreas Rørvik moved to BAHR in January 2021.

Practice head(s):

Mikkel Vislie

Other key lawyers:

Thomas Reppe Wetting; Sverre Nordlie; Helene Hem Halum; Helene Flølo

Testimonials

‘Really client oriented. Always available. Work hard.’

‘Super client service. Highly diligent. Thomas Reppe Wetting is very stellar, smart and likeable.’

‘Very well rounded team that cover all aspects of the real estate market. Has an edge when it comes to zoning and matters related to public authorities, especially in Oslo.’

‘Broad knowledge and deep sector competence in the commercial real estate business.’

‘The team are always available, very competent and give very professional advice.’

‘They are precise in their advice. They understand all the commercial aspects, in addition to their professional capabilities.’

‘Flexibility, solution-oriented, accessible, professionally highly skilled.’

‘24/7 availability, well-articulated advice, quick understanding of key elements and where to contribute as legal adviser, accuracy and commitment through all processes.’

Key clients

Profier

Bane NOR Eiendom

Arctic Securities

SBB Samfunnsbygg

Aspelin Ramm Eiendom

Møller Eiendom

Oslo Pensjonsforsikring

Braathen Eiendom

Stor-Oslo Eiendom

Løvenskiold-Vækerø

Bertel O. Steen Eiendom

Vedal

Spabo Eiendom

Anvil

Scandinavian Property Group

Scandic Hotels

Fabritius Gruppen

Selvaag

Refsnes Gods Eiendom

Norsk rikskringkasting

Eiendomsspar

Wiersholm

At Wiersholm, recent work for the real estate team includes assisting Ferd Eiendom and Vedal Investor, as a joint venture company, with its NOK1.5bn acquisition of the Trekanttomten development plot in Oslo via a direct asset sale. The group has strength in assisting a client base of domestic and international companies with VAT and tax issues and a range of high-profile development projects and acquisitions. Commercial real estate expert Tom Rune Lian, Ståle Meleng, who specialises in litigation, and Stig L. Bech jointly lead the department. Managing associate Kim Hellstrøm Christensen is well known for advising on lease negotiations.

Practice head(s):

Tom Rune Lian; Ståle Meleng; Stig L. Bech

Other key lawyers:

Kim Hellstrøm Christensen

Testimonials

‘Professionally skilled, efficient, pleasant, quick feedback.’

‘Strong technical competence. proactive and service-minded.’

Key clients

Pareto Securities AS

Aspelin Ramm AS

UNION Gruppen AS

Coop Norge AS

Axer Eiendom AS

AB Invest AS

Innovasjonsparken / Smedvig Eiendom AS

Mikkelsen Eiendom AS

Ferd Eiendom AS

Arcus Gruppen AS

Oslo Pensjonsforsikring AS

Vika Project Finance AS

Steen & Strøm AS

Agri Eiendom AS

Fredriksborg Eiendom AS

Herøya Industripark AS

Jotne Eiendom AS

Bonum Utvikling AS

Condovita AS

Norwegian Property ASA

Bane NOR Eiendom AS

DNB Næringseiendom AS (REIM)

Stor-Oslo Eiendom AS

Nordisk Renting AB / Natwest

Pareto Alternative Investments AS

BentallGreenOak

RSV Invest AS

Carnegie AS

Host Hotelleiendom Norge AS

Work highlights

  • Advised Ferd Eiendom AS and Axer Eiendom individually on the divestment of plot Ensjøveien 3, 5 and 7  to NRK (the Norwegian Broadcasting Corporation) for NOK800m.
  • Advised Norwegian Property ASA on its NOK5.4bn acquisition of Telenor’s headquarter building.

Wikborg Rein

Commercial property work forms the backbone of Wikborg Rein‘s practice. The team regularly handles high-value transactions and development projects for developers and investors, and is equally adept at advising on real estate financing issues. Practice head Ingrid Høstmælingen is ‘easy to work with, service minded, and well informed on latest commercial practice when negotiating real estate transactions‘, and is noted for her expertise on commercial lease agreements. Lars Ulleberg Jensen focuses on assisting financial services and international clients with M&A work and private equity deals. Senior lawyers Erik Enger-Mår and Håkon Lagesen are also names to note.

Practice head(s):

Ingrid Høstmælingen

Other key lawyers:

Lars Ulleberg Jensen; Erik Enger-Mår; Håkon Lagesen

Testimonials

‘Ingrid Høstmælingen is very professional and always ready to assist us. We value her advice.’

‘Puts the client first, flexible on short notice, academically strong team, excellent negotiation skills.’

‘Strong people skills.’

‘The real estate team relevant to our business (Ingrid Høstmælingen and Håkon Lagesen) are well coordinated and service minded. They are efficient in their communication and to the point when advising on sale and purchase agreements.’

Håkon Lagesen: Hard working, high level of accuracy and efficient.’

‘This is a dynamic, highly competent team. Ingrid Høstmælingen has created a great environment for the entire department. Lars Ulleberg Jensen is also a great lawyer, and the two of them constitute a great team.’

‘Ingrid Høstmælingen is very good at negotiations and comes up with suggestions for good commercial solutions.’

Key clients

DNB Liv

Storebrand Liv

Entra ASA

DNB Markets

Front Real Estate

DEAS Asset Management (former Aberdeen Standard)

Clarksons Platou

Carnegie

Niki AS

Base Property

NREP AS

Arctic Securities

Ineo Eiendom

Øgreid Eiendom

Work highlights

  • Advised NREP Logicenters on its NOK3bn acquisition of the C-Log Logistics Center.
  • Advised DNB Markets (on behalf of an investor) on its acquisition of the NVE building in Central Oslo.

Arntzen de Besche

Arntzen de Besche advises on the full range of real estate matters, including lease agreements, residential and commercial project development work, regulatory matters and tax and VAT issues. The team reports an uptick in joint venture mandates within the real estate sector, and has also been kept busy handling large transactions involving substantial portfolios; private equity work is another core area of strength for the practice. Hans Henrik Kværne is a highly regarded practitioner, and department head Thomas Øslebø specialises in handling large-scale residential and urban development projects. The ‘pragmaticEilif S Koch is an ‘excellent negotiator‘. Other key names to note are Trondheim-based Erlend Solberg and senior associate Erlend Husebye Haug.

Practice head(s):

Thomas Øslebø

Other key lawyers:

Eilif S Koch; Erlend Solberg; Erlend Husebye Haug; Hans Henrik Kværne

Testimonials

‘Erlend Solberg: good availability, high work capacity.Good at sorting out what is important.’

‘Competent, efficient, experienced with focus on the important issues. Good people with good values.’

‘Strong team.’

‘The team has a deep understanding of the commercial realities within real estate, and acts quickly and efficiently when presented with a legal challenge. Their pragmatic approach – without any fuss – quickly identifies the real issue and presents excellent solutions out of court.’

‘Eilif Koch: very knowledgeable, excellent in finding legally sound but commercial solutions, quick to respond.’

‘Excellent mix of legal and commercial competence.’

‘The team at Arntzen de Besche has a true partnership approach to us and our team, always focusing on sharing market intelligence and sharing knowledge.’

‘Thomas Øslebø stands out as a true business lawyer, not only an expert on real estate.’

Key clients

Ness, Risan & Partners AS (NRP)

Stor-Oslo Eiendom AS

Aberdeen Asset Management Norway AS

Møller Eiendom Norge AS

Arctic Real Estate Development AS

Lerka Eiendom AS

Fagerstad Utvikling AS

Vika Project Finance AS

Malling & Co Project Finance AS

Fearnley Project Finance AS

Realkapital Investor AS

Oslo Finans AS

KMC Properties ASA

Nortura SA

Scandinavian Airlines System (SAS)

Norwegian Property ASA

Work highlights

  • Assisted NRP and a group of investors, led by Klaveness Maritime, with the sale of investment company Middelthuns Gate 29 AS to an SPV set up by DNB Markets.
  • Assisted real estate developer Møller Eiendom Norge AS with the acquisition of the Deichman main library in Oslo.

Advokatfirmaet CLP DA

Advokatfirmaet CLP DA‘s ‘highly competent and hardworking‘ team reports an increase in residential property development mandates, and has a solid track record in handling transactional work for mid-size and large retail clients. Practice co-head Håvard Skogvoll has ‘excellent legal real estate experience‘, and is highly regarded for his expertise in complex transactions and lease matters. Practice co-head Elin Mack Løvdal is ‘highly competent and hardworking with a strong business understanding, making her very versatile and effective to work with‘. Senior associate Peder Jøsendal and associates Sverre Saugstad and Stian Lockert are names to note. Mathias Borch left the firm in 2021.

Practice head(s):

Håvard Skogvoll; Elin Mack Løvdal

Other key lawyers:

Sverre Saugstad; Peder Jøsendal; Stian Lockert

Testimonials

‘Elin Mack Løvdal is one of the most professional lawyers I know. She is a great discussion partner, a person with wide perspective and a large network, and a smart and efficient lawyer.’

‘Håvard Skogvoll is a unique lawyer. The combination of deep knowledge, experience and interpersonal skills make him a valuable asset in all transactions. In a situation where negotiations are locked, his smile and informal approach can loose up any knot.’

‘An agile team where partners are deeply engaged in the delivery of each project.’

‘We appreciate the high degree of partner attention and that they give us clear and efficient advice on all matters. The team is hands on.’

‘Håvard Skogvoll is a well-connected and experienced lawyer and he has done a lot of work for international real estate investors in Norway. He gets things done in an efficient way and with a personal touch and does not bother us with unnecessary questions. The attention he provides and the knowledge he has about our business makes him an important part of our Norwegian team.’

‘Highly competent and hard-working team that cares about the client.’

Peder Jøsendal is very skilled and hard-working.’

Key clients

Catella Real Estate AG

Omsorgsbolig Holding AS (Infranode/DIF Capital Partners)

Scandinavian Property Group AS

Euro Real Estate S.a.r.l.

Kongsberg Gruppen ASA

J.B Ugland Eiendom AS

CapMan Real Estate Oy

Morrow Batteries AS

AF Gruppen ASA

Fredriksborg Eiendom

OBOS Eiendom

AVA Eiendom AS

USBL

Bonava Oslo AS

KLP Eiendom AS

Work highlights

  • Advised AVA Eiendom AS on establishing a joint venture with Høyskolen Kristiania concerning a school development project.

Advokatfirma DLA Piper Norway DA

Highly regarded for its ‘excellent real estate expertise‘, Advokatfirma DLA Piper Norway DA‘s department has an excellent track record in advising private equity entities, corporations and developers on high-value transactions and development projects, frequently with cross-border elements. Thomas Rindahl Håkonsen leads the ‘service-minded‘ team, which includes the ‘practicalLine Ravlo-Losvik, who is highly regarded for her expertise in commercial real estate transactions; Anders Bergene, who is very experienced in handling investments and lease matters; and Magnus Lutnæs, who focuses on sale and lease back mandates and cross-border transactional work.

Practice head(s):

Thomas Rindahl Håkonsen

Other key lawyers:

Line Ravlo-Losvik; Anders Bergene; Magnus Lutnæs

Testimonials

‘The team has great people skills and an adaptable style.’

‘The lawyers have experience and expertise at the very highest level, and quickly give safe recommendations on how challenges can be solved.’

‘Line Ravlo-Losvik has, with her team, a very competent force that can strengthen the real estate market with top expertise.’

‘Excellent real estate expertise and a trusted adviser.’

‘Service minded and great follow up through transactions, excellent real estate expertise and great negotiators.’

‘They have a pro active, solution oriented attitude.’

‘Line Ravlo-Losvik is practical, creative and very expedient.’

‘Great team, fully committed to deliver high-quality legal advice in a timely fashion to its clients.’

Key clients

Macquarie Infrastructure and Real Assets

Azrieli Group

Kaldnes Vest

DEAS Eiendomsfond Norge I (formerly Aberdeen Eiendomsfond Norge I)

Skanska Norge

Eiendomsspar

Victoria Eiendom

Madison International Realty

Betonmast Eiendom

Pecunia

Attivo Eiendomsutvikling I, II and III

WeWork Norway

Stor-Oslo Eiendom

Round Hill Capital

90 North Real Estate Partners

Tesla Motors Norway

IKEA / Ingka Centres

MAS AS

St. Olavsgt. 27

Torp Eiendom

Eidos Eiendomsutvikling

Stiftelsen Norges Varemesse/Oslo Spectrum Arena

Heimstaden

Norges Juristforbund

Corum XL

CondoVita

LCN Capital Partners

Seltor Bolig

Møller Eiendom

Møller Mobility Group

Work highlights

  • Advising Oslo Spektrum Arena on all aspects of a development and construction project.
  • Advising Macquarie Infrastructure and Real Assets on its NOK700m acquisition of a warehouse for Bohus.

Advokatfirmaet Schjødt

Advokatfirmaet Schjødt is perhaps best known for housing a team of ‘stand-out transaction advisers‘, with established strength in assisting Scandinavian entities with a range of transactional mandates. Einar Caspersen is an expert in corporate and M&A law, and is well known for handling large real estate transactions. Geir Sand has an excellent track record in assisting with major real estate development projects, transactions and infrastructure projects. Ditlef Thaulow, Camilla Kristiansen Lunne and senior associate Silje Sund jointly lead the department.

Practice head(s):

Camilla Kristiansen Lunne; Ditlef Thaulow; Silje Sund

Other key lawyers:

Einar Caspersen; Geir Sand

Testimonials

‘Extremely dedicated and willing to push hard on behalf of clients.’

‘Einar Caspersen: Uniquely positioned in running both M&A/corporate deals as well as real estate. As such he offers unparalleled assistance in tough negotiations and complex transactions. Extremely knowledgeable, both from a legal and commercial standpoint.’

Key clients

Oslo S Utvikling AS

Oslo Areal AS

Oslo Pensjonsforsikring AS

KLP Eiendom AS

Arctic Securities ASA

Entra ASA

Olav Thon Eiendomsselskap ASA

Selvaag Bolig ASA

Selvaag Eiendom AS

Self Storage Group ASA

Veidekke ASA

Galleri Oslo Invest AS

Oslo Havn KF

Urban Property Eier AS

AF Gruppen ASA

DEAS Asset Management AS

Solon Eiendom ASA

IK Lykke Eiendom AS

Asset Buyout Partners AS

Slate Acquisition Inc

Profier AS

Eiendomsspar AS

Bjørvika Infrastruktur AS

Work highlights

  • Advised Arctic Securities AS on setting up a new property company, Public Property Invest AS.
  • Advised the shareholders of Helsfyr Kontorinvest AS on the sale of the company to Entra ASA at a property value of NOK2.4bn.
  • Assisting listed real estate company Solon Eiendom ASA with multiple transactions.

Advokatfirmaet Simonsen Vogt Wiig

The real estate team at Advokatfirmaet Simonsen Vogt Wiig operates from the firm’s six Norway offices, and is very experienced in real estate financings, planning matters and corporate real estate mandates. Pål Brudvik led the advice to long-standing client Njord Securities on multiple real estate transactions, including nine separate acquisitions with a deal value of over NOK1.8bn, as well as divestments of real estate portfolios. Jørgen Lindboe heads up the practice, which also includes Gøran Mjelde Aarvik, who handles sale and lease bank transactions and syndication projects; associate partner Kjetil Westby Ranum, who advises on financing issues; and senior associate Silje Hangaard.

Practice head(s):

Jørgen Lindboe

Other key lawyers:

Pål Brudvik; Gøran Mjelde Aarvik; Kjetil Westby Ranum; Silje Hangaard

Testimonials

‘Professional, solution-oriented and commercial.’

‘Jørgen Lindboe is a deal maker.’

‘Gøran Mjelde Aarvik delivers promptly.’

‘The team is very well qualified. They all are very quick in their response.’

‘Jørgen Lindboe is a highly regarded, all-round real estate lawyer. He is a likeable person and has a commercial, but practical mindset. He is very intelligent and sees the big picture where others get lost in details. Works very quickly with quality, which is important.’

Key clients

Njord Securities AS (formerly Castelar Corporate Finance AS)

Colliers International Corporate AS

Malling & Co, Project Finance AS

Rimfeldt Eiendom AS

Oslo Finans AS

Realkapitial Investor AS

LogCap AS

Fazenda Utvikling AS

DNB Næringseiendom AS

Seabrokers AS

Zurhaar & Rubb AS

Bertel O. Steen Eiendom AS

Coop Norge Eiendom AS

Birger N. Haug Holding AS

DNB Bank ASA – DNB Markets Investment Banking Division

RAC NORWAY AS (part of the AVIS group)

Stadsporten AS

The municipality of Bergen

Realforum AS

Prospective AS

JM Norge AS

Hero Eiendom AS

Gaustadbekken AS

Forus Næringspark AS

Karlander Invest AS

Rolf Olsen Eiendomsselskap AS

Miris AS

Buffin Real Estate Norway AS

Jakob Hatteland Bygg AS

Backer AS

BKK Nett AS

RV Holding AS

Trolltun Investering AS

Ragde Eiendom AS

Work highlights

  • Advised Sparebanken Vest on a NOK1.6bn sale and lease back of its headquarters.
  • Advised Zurhaar & Rubb AS on a large transaction including a purchase and corresponding sale of a property, with a value of over NOK1bn.

Advokatfirmaet Thommessen AS

Even Bratsberg heads up Advokatfirmaet Thommessen AS‘ team, which clients praise as ‘very business oriented and understands the real estate industry‘. The ‘deal-oriented‘ group handles a steady workflow of transactional mandates, and property development projects are an increasing area of instruction for the department. Christopher Borch has an excellent track record in advising on commercial deals, leasing and property syndication matters, and Christian Müller has extensive expertise in property development issues. Managing associate Mette Borger Fyksen advises domestic and international clients on large property transactions.

Practice head(s):

Even Bratsberg

Other key lawyers:

Christopher Borch; Christian Müller; Mette Borger Fyksen

Testimonials

‘Sophisticated approach.’

‘Even Bratsberg is extremely easy to work with and understands what’s important but at the same time he looks after all the details. He is always available.’

‘Christian Müller has a well developed commercial mindset.’

‘A very capable team with competencies in both real estate and corporate M&A which is very useful for listed European players.’

‘Excellent knowledge of the law.’

‘The individual lawyers are skilled and professional. They are always present and deliver in due time.’

Key clients

Arctic Securities AS

Clarksons Platou Real Estate AS

Nordic Real Estate Partners AS

Samhällsbygnadsbolaget i Norden AB

Norwegian Property ASA

Aspelin Ramm Eiendom

Oslo Areal AS

Starwood Capital Group

Watrium Eiendom AS

Promenaden Property AS

Scandinavian Property Group AS

Angelo Gordon

Meyer Bergman

Realkapital Investor AS

Oslo Airport City AS

Storebrand Eiendom AS

Søylen Eiendom AS

Industrifinans Capital AS

Kruse Smith Eiendom AS

Bulk Industrier AS

Mustad Eiendom AS

Geilo Holding AS

Blackstone

Glastad Farsund AS and Fortus AS

Vika Project Finance AS

Carucel Eiendom AS

Canica Eiendom AS

Eiendomshuset Malling & Co AS /Malling & Co Eiendomsfond AS

Tellus Eiendom AS

Tristan Capital Partners

Scandinavian Development Constructive Development AS

Orkla Eiendom AS

Neptune Properties AS

Norgesgruppen ASA

Bane NOR Eiendom AS

Avantor AS

Brødrene Jensen AS

Mont Investor AS

NRE Norway AS

HCH Eiendom AS

Njord Securities

Orkla Eiendom AS

Tellus Eiendom AS

Wahl Eiendom AS

Scala Eiendom AS

Ferd Eiendom AS

Oro Eiendom AS

Work highlights

  • Assisted Gardermoen Logistikkbygg AS with the NOK3bn sale of a large distribution centre near Gardermoen Airport.
  • Assisted SBB with a NOK700m investment in listed company Solon Eiendom ASA; the transaction also involved the client’s divestment of residential development assets to Solon for NOK2bn.

CMS Kluge

CMS Kluge ‘has a versatile and complementary team for real estate challenges‘. The practice fields expertise across the whole range of real estate matters, and has strength in acting for large private and public sector developers, contractors and advisers in prominent transactions and development projects. Leasing contracts, planning and zoning matters and litigation are key areas of instruction for the group. Naja Dannow is ‘an expert performer‘, and co-heads the practice alongside Petter Schmidt and Inger Hygen. Other key names include associate partners Anders Elling Petersen Johansen and Einar Johan Espeland, and associate Mariken Guldbakke.

Other key lawyers:

Anders Elling Petersen Johansen; Einar Johan Espeland; Mariken Guldbakke

Testimonials

‘Easy to communicate with.’

‘The team consists of a good mix of strong industry specialists with very solid commercial , market and financial understanding and knowledge.’

‘Petter Schmidt is always available for discussion and sparring around most topics and cases.’

‘CMS Kluge has a versatile and complementary team for real estate challenges and legal support. Strategic support as well as professional insight in our challenges has great value for our company.’

‘Naja Dannow has a very good understanding of lease contracts, and is an excellent broker, in that she invites solutions to problems.’

‘Analytical, with the ability to listen and give fast and professional advice.’

Key clients

Herfo Finas AS/ Jofo AS

Høgevoll AS and Gullestad Holding AS

GMC Eiendom AS

A/S Norske Shell

Kraft Finans AS

Sandnes Ulf Arena AS

Coop Klepp AS and Dolphin Jærhagen AS

Norne Securities AS, Project Finance

AF Gruppen Norge AS

Bono Bolig AS

Work highlights

  • Advised GMC Eiendom AS on the development of Byfjordparken, transforming the area by building high-end offices, residential and educational spaces.
  • Advised Jofo AS (a fully owned subsidiary of Herfo Finans AS) on its acquisition of the shares in Dalen Næringspark I og II AS from Ragde Eiendom AS.
  • Advised Høgevoll AS and Gullestad Holding AS on the sale of all shares in Hoveveien Holding AS to a syndicate organised by DNB Markets AS.

Deloitte Advokatfirma AS

Deloitte Advokatfirma AS‘ team counts property development projects and commercial real estate transactions as core pillars of strength, and the group is equally adept at assisting with regulatory issues and leasing and rent matters. Department head Thorvald Nyquist ‘continuously delivers at a high level‘. Bergen-based tax specialist Christine Haugstvedt Downing is ‘an outstanding lawyer, extremely positive, solution orientated and effective‘.

Practice head(s):

Thorvald Nyquist

Other key lawyers:

Christine Haugstvedt Downing

Testimonials

‘Deloitte Advokatfirma AS is highly skilled and professional and especially good in cases where the real estate lawyers, in addition to their own expertise, can make use of Deloitte’s areas of expertise like tax, VAT and financial advisory.’

‘Skilled in their fields and use each other’s expertise to analyse, build up the case and set up the best strategy. Focus on facts in the case, analytical, structured and gives clear recommendations based on facts. Proficient in communication and how they present cases. The customer and the case in the centre, so that trust is in place quickly.’

‘Christine H Downing is an outstanding lawyer, extremely positive, solution orientated and effective, showing both commercial and legal competence, and she is able to combine this to the benefit of the client. She performs her services in line with our expectations, and to serve the purpose. She makes a point out of always delivering services with the agreed scope, discussing any need for adjustments should any extraordinary issues appear. Always with a big bright smile-online or in real life- fresh from Bergen!’

‘Thorvald Nyquist is our primary contact. He continuously delivers at a high level.’

Key clients

Kinland AS

Maskinforum AS

OBOS

Lovisenberg Diakonale Sykehus AS

Høyskolen Kristiania AS

Olav Thon Gruppen

NHO Norge AS

The Kistefos Museum Foundation

Sandspollen Eiendom AS

AEKO Gruppen AS

Tomtefesteforbundet

Toppåsjordet, 5 house owners

Anders Berg Eiendom AS

WPS Næringsmegling AS

Norlandia Eiendom AS

Hospitality Invest AS

Sandum Søndre AS

Liaset Eiendom AS

Glitre Bolig AS

Energy Valley

Work highlights

  • Providing tax advice to Kinland AS regarding the management of the client’s real estate portfolio.
  • Providing ongoing assistance to OBOS and other associated companies with structuring residential property development projects.
  • Assisting Norlandia, a real estate developer in Norway, with property development and transactional work.

Advokatfirmaet Føyen AS

Advokatfirmaet Føyen AS‘ ‘flexible‘ team is led by ‘strong real estate lawyer‘  Lars David Råmunddal, who has extensive experience in handling property development and transactional mandates. The department has a strong roster of logistics clients, and regularly acts for public entities and non-profit organisations. Paal-Christian Hansen is a key contact for residential and commercial property work, including transactional and project mandates, and Anette Thunes advises on contentious matters. Senior associate Linn Rustad Rui is ‘efficient and a strong up-and-coming real estate lawyer‘.

Practice head(s):

Lars David Råmunddal

Other key lawyers:

Paal-Christian Hansen; Anette Thunes; Linn Rustad Rui

Testimonials

‘Dedicated team that knows the customer. Strong real estate experience.’

‘Lars David Råmunddal is efficient, proactive and solution driven.’

‘Lars David Råmunddal is a professional and strong real estate lawyer. Strong business sense.’

‘Working with Paal Christian Hansen is outstanding.’

‘High competence on real estate, tenant-contracts, broad collaboration with brokers, real estate companies and branch organisations.’

‘Short response time, and solid answers.’

Key clients

Fabritius Gruppen AS

Oslo Logistikkpark Gardermoen AS

Stavanger Utvikling KF

Loe Utvikling AS

DNB Bank ASA

Studentsamskipnaden SiO

Backe Prosjekt AS

Certas Energy Norway AS

Eiendomsspar AS

Norsk Eiendom

Google LLC

Kristiansand Havn KF

Ulven AS/OBOS Eiendom AS

Oslo Areal AS

Ferd Eiendom AS

Jessheim Stadion Bolig AS

REMA Etablering Oslo/Østlandet AS

Boligbygg Oslo KF

Wessel Invest AS/United Bakeries Holding AS

Collicare Logistics AS

Hathon Holding AS

GSS Eiendom AS

Work highlights

  • Advising Jessheim Stadion Bolig, a joint venture between Backe Prosjekt AS, Løvenskiold Eiendom AS and Mallin Eiendom AS, on a multimillion NOK forward transaction involving the sale of approximately 90 apartments in a major housing project.
  • Advising student welfare organisation Studentsamskipnaden SiO on purchasing the shares in St. Olavsgate 23 Holding AS from CapMan Real Estate, valued at NOK290.5m.
  • Assisted REMA Etablering Oslo/Østlandet AS, the real estate arm of REMA, with the sale of a portfolio of four retail properties, valued at NOK191m.

Advokatfirmaet Grette AS

At Advokatfirmaet Grette AS, the real estate team is singled out for its ‘excellent and holistic understanding of early-phase real estate developments‘. Other key areas of strength are real estate litigation, infrastructure matters, lease agreements and transactions. Practice head Ole-Jacob Farstad handles lease agreements and commercial real estate transactional work, and Anders Nordli is a key name in the department for advising on the tax aspects of property matters. Kristian Korsrud advises on option agreements and dispute resolution, and Dag Henden Torsteinsen is ‘solution oriented, with good business and market understanding‘. Senior associate Gaute Løchen assists with property planning, permission and development work.

Practice head(s):

Ole-Jacob Farstad

Other key lawyers:

Dag Henden Torsteinsen; Kristian Korsrud; Anders Nordli; Gaute Løchen

Testimonials

‘Dag Henden Torsteinsen is a leading individual in the field of real estate law, and specifically in matters pertaining the Real Estate Agent Act.’

‘Top of the range legal advice when we need it, and provide it fast.’

‘Good at finding mutually acceptable solutions during contract negotiations, focusing on the important matters.’

‘Kristian Korsrud is able to quickly point out important details without losing the big picture. His dedication, knowledge and behaviour inspire confidence on all sides of the table.’

Key clients

Olav Thon Group

Selvaag Group (Dronningens gate 13 AS)

Selvaag Bolig ASA

Harald Lyche Holding AS

Insenti AS

Drammensregionens Interkommunale Havnevesen (Drammen Port Authority)

Norsk Rikskringkasting AS

TINE SA

Moelven Van Severen AS

Infinitum AS

Ragde Eiendom AS

Technopolis AS

Malthus Uniteam AS

KLP Eiendom

Sykehusbygg HF

Norwegian Geotechnical Institute

Statens vegvesen

Work highlights

  • Represented Selvaag Bolig before the Supreme Court in a principle case concerning the understanding of provisions in the Planning and Building Act.
  • Assisting Olav Thon Gruppen with an ongoing property transaction concerning the purchase of a large plot in the centre of Bergen.
  • Acting as counsel for the Norwegian Geotechnical Institute regarding its development of a new headquarters in Oslo.

SANDS

Led by Christian Hartmann, the real estate team at SANDS advises real estate funds, investors and private companies on a range of real estate transactions and development mandates. Sofia Bjørck focuses on property development work and planning and building law, and Jens Aas is very experienced in handling tax and VAT matters and lease agreements. Clients praise Roger Engebretsen‘s ‘outstanding knowledge‘ of corporate restructurings and tax issues.

Practice head(s):

Christian Hartmann

Other key lawyers:

Sofia Bjørck; Jens Aas; Roger Engebretsen

Testimonials

‘Very knowledgeable, efficient, quick response, hard working.’

‘Christian Hartmann is highly competent.’

‘Christian Hartmann is efficient and delivers fast and well. He has a good ability to assess and analyse our needs as a client.’

‘Christian Hartman is highly competent and a warm and inclusive figure.’

‘We really appreciate working with Roger Engebretsen, who has outstanding knowledge despite his young age. His advice around tax, company structure and business details makes him a really appreciated “wing man”.’

Key clients

Oslo Finans

Taraldset Eiendom

Fearnley Project Finance

Fauna Eiendom

Loe Utvikling

Sofiemyr Utvikling

Pecunia

Angelo Gordon

Greverud Utvikling/Kruse Smith

Det Norske Diakonhjem

Nordic Investment

Cibora Eiendom

Ferd Eiendom

HAV Eiendom

Breivika Utvikling Bodø

Norlandia

E & G Bygg/Eiendomsgruppen

Pilares Eiendom

Brækhus Advokatfirma DA

Litigation expert Thomas Andersen heads up Brækhus Advokatfirma DA‘s ‘very solid and competent‘ real estate practice. The group is noted for its expertise in property management and development work and expropriation matters, and regularly acts for housing companies, developers, owners and managers in mandates. Eirik Espenes is ‘extremely knowledgeable‘ on lease agreements, real estate transactions, public planning matters and residential development projects. Erling Keyser is very experienced in property law, and Fredrik Huseby is a key contact for expropriation cases.

Practice head(s):

Thomas Andersen

Other key lawyers:

Erling Keyser; Fredrik Huseby; Eirik Espenes

Testimonials

‘Well qualified. Pro-active, hands on and very customer friendly approach. Good understanding of customer needs. Delivery on time.’

The firm has a very solid and competent real estate department that I have had the pleasure of working with for several years. They give clear advice to their clients.’

‘Eirik Espenes is extremely knowledgeable and an outstanding discussion partner who knows the real estate industry very well.’

Key clients

Vinkl Holding AS

Røa Centrum AS

Specter Drift AS

ST1 Norge AS

Øvre Ljan Boliglag

PostNord AS

R8 Property ASA

Mestergruppen AS

Mesterhus AS

Saltdalshytta AS

Sem & Johnsen

EIE (Real Estate Agency)

Norwegian Association of Real Estate Agents (NEF)

Systemhus AS

Norbohus AS

Røroshytta AS

Saltdalshytta AS

Work highlights

  • Assisting Røa Centrum AS with an ongoing commercial and residential real estate development project in Oslo.
  • Advised PostNord on its acquisition of a single purpose company as the owner for the large commercial property housing the client’s new mail terminal for southern Norway.
  • Acting for Øvre Ljan Boliglag in a principal case before the Court of Appeal concerning a £140m leasehold agreement.

EY Norway

EY Norway‘s workload primarily involves assisting with the tax aspects of real estate transactions, an area in which practice head Kristian Råum excels. Egil Jakobsen is a key name for advising Nordic real estate owners and developers on restructurings, and Agnete Haugerud is highly regarded for her experience in handling real estate VAT issues for large property developers and owners.

Practice head(s):

Kristian Råum

Other key lawyers:

Agnete Haugerud; Egil Jakobsen

Testimonials

‘Excellent knowledge and experience combining legal insight with business understanding.’

Key clients

Olav Thon Gruppen

Møller Eiendom AS

KLP Eiendom Trondheim AS

Nordr AS

Boligbyggelaget USBL

Ferd Eiendom AS

Avantor Eiendom AS

Selvaag Bolig ASA

JFG Eiendom AS

HAV Eiendom AS

OBOS BBL

Fremtind Forsikring AS

Aspelin Ramm Eiendom AS

Clemens Eiendom AS

JM Norge AS

Inter Eiendom AS

Oslo Areal AS

Værste AS

Fridtjof Eiendom AS

Advokatfirmaet Hjort

The ‘dedicated and client-oriented‘ team at Advokatfirmaet Hjort has an established track record in advising on contentious real estate matters, however the group also counts transactional work as a key area of expertise. Liv Zimmermann heads up the team, and specialises in building and planning law. Frode Innjord is noted for his expertise in zoning law, and litigation expert Aslak Førde handles construction and real estate mandates.

Practice head(s):

Liv Zimmermann

Other key lawyers:

Frode Innjord; Aslak Førde

Testimonials

‘Focused, client oriented, quick.’

‘Delivers good legal advice at a high level.’

‘The team I have worked with is highly qualified, service minded and cost-conscious. They have provided great legal advice, and customized their assistance to each case. In addition they are very nice people to work with.’

‘Aslak Førde has been nothing but excellent in his assistance. He catches the legal and strategic issues fast, and gives solid legal advice. He is also very cost-conscious, and has showed a good ability to work efficiently.’

‘Exceptional client service and great feedback from partner Liv Zimmerman.’

Key clients

Avinor AS

Trysilhusgruppen AS

Røa Utvikling AS

Peab AS

Asker municipality

Fredrikstad Municipality

Nordre Follo Municipality

Miljødirektoratet

Ringsaker Municipality

Moss Havn

FInnmarkseiendommen

LPO Arkitekter AS

Midtre Romerike Avløpsselskap – MIRA IKS

Telenor Norge AS

Mosseregionen Eiendomsutvikling AS

Hvitsten Eiendom AS

Østlandsjord AS

Statsbygg

Etan Holding AS

Work highlights

  • Acted for Mosseregionens Eiendomsutvikling AS (MEU) in a dispute arising from a compensation claim.
  • Assisted Glomar Eiendom AS with the sale of all shares in Saga Eiendom AS to Obos Nye Hjem AS and Løvenskjold Eiendom AS.

Ro Sommernes Advokatfirma DA

Ro Sommernes Advokatfirma DA has a ‘very good real estate practice, with expertise in the hospitality sector‘, and is very experienced in advising construction companies and investment businesses on transactions. Nils Petter Hansson, whose practice focuses on corporate and contract law, is head of real estate, and jointly leads the department with head of transactions Henrik Hareide Nilsen, ‘an excellent M&A real estate lawyer, who has good technical skills and a great eye for detail‘. Henrik A Christensen is ‘a well connected senior lawyer with great business acumen‘, and the ‘very technically skilledErik Sandtrø regularly handles transactional work for clients in the hospitality sector.

Practice head(s):

Nils Petter Hansson; Henrik Hareide Nilsen

Other key lawyers:

Henrik A Christensen; Erik Sandtrø

Testimonials

‘The firm is always straight to the point in its advice and gets the job done.’

‘Erik Sandtrø is an expert on hospitality related real estate matters, including lease contracts and management agreements. Very intelligent and always available for solid advice.’

‘Very responsive and always give good advice.’

‘Professionalism, correct approach and quality.’

Key clients

Strawberry Properties AB

Lineage Logistics LLC

Sandvoldgruppen AS

GLS Real Estate AS

Munkenes Næringseiendom AS

T H Holm Eiendom AS

Daimyo AS

Nordic Choice Hospitality Group AS, Choice Hotels & Resorts AS – all companies under the “Strawberry Group AS” group

Heilo Eiendom AS

Fram Eiendom

B.A. 5 Invest AS

Ferd Eiendom AS

Holtefjell Eiendom AS

Realkapital Finans AS

Advokatfirmaet Ræder AS

Eva Hagen heads up Advokatfirmaet Ræder AS‘ real estate practice, which has been kept especially busy advising Norwegian and international property developers, contractors and owners on acquisitions, management matters and lease agreements. The group is assisting real estate developer Bonum with multiple purchases in the residential property sector. Clients praise Anders Utne‘s and Andreas Frislid‘s ‘outstanding performance‘ in real estate transactions.

Practice head(s):

Eva Hagen

Other key lawyers:

Andreas Frislid; Anders Utne

Testimonials

‘Anders Utne has a unique ability to combine good client skills and deep legal understanding.’

‘Broad experience and practical execution of tasks.’

‘Anders Utne is very competent and skilled in his field. He assesses the situation quickly and accurately and makes suggestions and recommendations during the process. He is solution-oriented and contributes to a good negotiating climate.’

Key clients

RiskPoint AS

Food Folk Norge AS (McDonald’s)

Colliers International AS

60 grader Næringsmegling AS

Scandinavian Property Group

Logistic Contractors AS

Norgesgruppen ASA

Revcap

Morrow Batteries AS

Areal Partner AS

Malling & Co AS

Black Bricks AS

Asker Eiendom AS

Cushman & Wakefield Realkapital AS

Saja Eiendom AS

Jahre Eiendom AS

Bonum AS

Axer Eiendom AS

RSV Eiendom AS

Sørenco AS