Real estate in Norway

Advokatfirmaet Schjødt

At Advokatfirmaet Schjødt, the 'very competent' Oslo-based team specialises in handling large-scale real estate transactions for Scandinavian buyers, sellers and developers; it recently advised on Veidekke's divestment of a NOK10.6bn Norwegian and Swedish housing portfolio. Jointly led by Ditlef Thaulow, Camilla Kristiansen Lunne and Martin Støren, the group's knowledge extends to development projects and any associated zoning, construction and expropriation matters. Corporate and M&A expert Einar Caspersen and the highly experienced Geir Sand are further key names to note in the practice, which also handles asset-based disputes.

Practice head(s):

Ditlef Thaulow; Camilla Kristiansen Lunne; Martin Støren

Other key lawyers:

Einar Caspersen; Geir Sand

Testimonials

‘Full service team; very competent; quick follow-up when needed; nice people.’

‘Martin Støren is very competent in dialogue with public authorities. Camilla Kristiansen Lunne sees good commercial solutions and has a good ability to understand the challenges clients have.’

Key clients

Oslo S Utvikling

Oslo Areal

Oslo Pensjonsforsikring

KLP Eiendom

Arctic Securities

Entra

Olav Thon Eiendomsselskap

Selvaag Bolig

Selvaag Eiendom

Dolphin Eiendom

Base Property

Self Storage Group

Veidekke

Galleri Oslo Invest

Oslo Havn

Work highlights

  • Advising Veidekke ASA on the divestment of its Norwegian and Swedish housing development portfolio at a property value of NOK10.6bn.
  • Acting as legal adviser to a group of investors on the divestment of the real estate portfolio of Selvaag Bolig ASA to the Urban Property group at a property value of NOK4bn.
  • Acting as legal adviser to a group of investors on the development process of Galleri Oslo, which will be the largest development project in Oslo City Centre, transforming the bus terminal area.

BAHR

BAHR's practice regularly handles complex and high-value real estate transactions and structuring mandates, with a strong roster of foreign investor clients. Key areas of expertise include advising on complex and multi-use developments, and urbanisation and major property development projects, with a niche in environmentally friendly development solutions; and PPP projects in the healthcare, education and transport sectors. Clients include large institutional investors, life insurance companies, private equity funds and asset managers. Group lead Anne Sofie Bjørkholt focuses on complex real estate transactions, development work and the structuring of real estate portfolios; up-and-coming partner Ole Andreas Dimmen is noted for his expertise in tax issues and partnership agreements.

Practice head(s):

Anne Sofie Bjørkholt

Other key lawyers:

Ole Andreas Dimmen

Testimonials

‘Excellent legal skills, very good business understanding and the team is always able to find the best solutions.’

‘Anne Sofie Bjørkholt is without doubt the best real estate lawyer in Norway.’

Key clients

Aker ASA/Fornebuporten

Solon ASA

AVA Eiendom AS

Aspelin Ramm

Deka Bank Deutche Girozentrale

Höegh Eiendom AS

Union Eiendomskapital

DNB Livsforsikring ASA/DNB Scandinavian Property Fund

Fredensborg Eiendom AS

Schage Eiendom AS

Polar Star Holding Norway AS (Blackstone Real Estate)

Work highlights

  • Assisting Höegh Eiendom with the multi-billion NOK redevelopment of a former cellulose plant outside Moss Municipality.
  • Assisted major real estate developer and investor, Solon Eiendom, with the purchase of all of the shares in Kruse Smith Eiendom AS.
  • Advising Schage Eiendom on a headline NOK multi-billion real estate development in central Oslo – Stortorvet 7.

Advokatfirmaet Haavind AS

Jarle W Holstrøm leads the real estate department at Advokatfirmaet Haavind AS, which stands out in the market for its expertise in structuring real estate portfolios. In addition to its track record in handling large real estate transactions, the practice regularly advises on compulsory acquisitions, zoning issues and infrastructure work, particularly regarding the sale and purchase of large industrial parks. The group has a strong focus on cross-border transactions and assisting foreign investors in Norway. Christian Bjørn-Hansen is noted for his expertise in complex real estate transactions and restructurings, while associate Magnus Meisingset-Haug is experienced in commercial and residential property developments.

Practice head(s):

Jarle W Holstrøm

Other key lawyers:

Christian Bjørn-Hansen; Magnus Meisingset-Haug

Testimonials

‘Haavind has a top star team in real estate. Outstanding ability to evaluate and grasp the elements of a transaction and to build a legal framework. Efficient, fast, and to the point agreements.’

‘The team is unique with overall competence, they are efficient and they understand our needs. We have tested other firms, but Haavind is unique for our business.’

‘Christian Bjørn-Hansen is unique with his commercial approach in complex transactions and he is a very good negotiator. He also delivers high levels of client service in short response times.’ 

‘The Haavind team stands out with their commercial approach and understanding in transactions.’

‘This practice is unique in the sense that you get access to partner resources throughout the transaction process.’

‘Magnus Meisingset-Haug is hands-on and strong on details.’

‘Haavind’s real estate team balances expert legal insight and competence with commercial understanding and a practical approach to solving problems. Great benefit for us as a client.’

‘Highly commercial approach, coupled with deep legal knowledge and understanding of real estate. Highly responsive to client’s needs. Thorough understanding of key value drivers from client’s perspective, and excellent ability to drive transactions toward a successful outcome. Strong negotiation skills.’

Key clients

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

Selvaag Eiendom AS

Canica Eiendom AS

Skanska Norge AS

Stor-Oslo Eiendom AS

Solon Eiendom ASA

Work highlights

  • Advised on the restructuring of Telenor Group’s property portfolio, including the divestment of a substantial portfolio of development properties.
  • Assisted Storebrand, a large pension fund, with its acquisition of Scandic Helsfyr Hotel.
  • Assisted Vestland County Council with a project for the establishment of a new railroad.

Advokatfirmaet Selmer AS

Advokatfirmaet Selmer AS assists real estate developers with joint ventures and development projects in the residential, commercial, retail and infrastructure sectors. With strong expertise in public administration and regulatory work, the department is well-placed to advise on large-scale developments and complex real estate portfolio structuring mandates.  Practice head Mikkel Vislie focuses on real estate developments, transactions and financings, handling both residential and commercial property matters. Andreas Rørvik is noted for his expertise in real estate financing issues.

Practice head(s):

Mikkel Vislie

Other key lawyers:

Andreas Rørvik; Even Berg; Thomas Reppe Wetting; Sverre Nordlie

Testimonials

‘Mikkel Vislie – just an excellent advisor to our management.’

‘The firm has strong individual capabilities in the commercial real estate sector. This leaves us as clients with processes that result in up-to-date contracts and settlements. Furthermore, the firm’s strong partners attract younger talents, who are given opportunities to build their own experience with close support from partners. The broadness of this practice outshines other firms in my view.’

‘Real personal involvement and level of details in specific cases. Less focus on “billing-time” than others. Focus on solving and advising rather than troubleshooting.’

‘The team of Sverre Nordlie at Selmer delivers immediate service and safe handling of our matters.’

‘A very business-oriented team with the client in focus. Very high level of business capability, all the way from associates to senior partners.’

‘Sverre Nordlie really stands out as a very pedagogic and business-minded lawyer. He is also very good in explaining the characteristics and features of the market for me as a non-lawyer and from a foreign country.’

‘Exceptionally strong on details and complicated matters.’

‘Even Berg is highly intelligent and efficient.’

Key clients

Norsk Rikskringkasting

Selvaag Bolig

Entra

Profier

Axa Real Estate Managers

Wahl Eiendom

Orkla Eiendom

Niam

Arctic Securities

Samhällsbygnadsbolaget I Norden AB

Aspelin Ramm Eiendom

Møller Eiendom

HAV Eiendom

Braathen Eiendom

Stor-Oslo Eiendom

Bane Nor Eiendom

Bertel O. Steen Eiendom

Vedal

Spabo Eiendom

Anvil

Finansgruppen Eiendom

Work highlights

  • Advised Norsk Rikskringkasting on the NOK3.75bn sale of its head office.
  • Advised Selvaag Bolig on the NOK3.4bn sale of Urban Property, a portfolio of residential development land.
  • Advising Entra on its real estate investment in Jåttåvågen.

Advokatfirmaet Thommessen AS

The 'highly skilled experts' in Advokatfirmaet Thommessen AS' real estate department are praised for 'giving swift and timely feedback' during transactional and project-oriented instructions across Norway. Practice head Christopher Borch and managing associate Mette Borgen Fyksen are 'easy-going' and 'very skilled' operators, particularly on commercial deals; they recently assisted Bane NOR Eiendom with the sale of a new 11-storey office building in Drammen to DNB Markets for NOK740m. 'To-the-point' property development and lease specialist Christian Müller is also a significant name in the practice, with wider support from finance partners Even Bratsberg and Einar Grette.

Practice head(s):

Christopher Borch

Other key lawyers:

Christian Müller; Mette Borgen Fyksen; Even Bratsberg; Einar Grette

Testimonials

They are very good at putting together their teams, and at giving the younger associates responsibilities and making them visible.

They are always at the top of professional achievement, and give to-the-point advice, with exactly the amount of information needed as a client to comprehend the matter in question. They just know exactly how to present their advice on the matters in question.

What makes Christopher Borch and Mette Borgen Fyksen different from others, and what I very much value, is the combination of them being very skilled in terms of their profession, and their easy-going and agreeable personalities. They never try to show off in any way, but have full control of every aspect of the matter in question both in terms of facts and law. That is quite unique. It’s always a very good atmosphere at our meetings and I very much enjoy working with them.

Broad access to highly skilled experts in various areas and is able to combine this into one common team. Easy access to relevant and committed resources 24/7, giving swift and timely feedback.

Partner Einar Grette is a specialist in debt financing who has impressed in his knowledge and understanding in this field.

Highly qualified and covering all needs in real estate and construction.

Christian Müller, in particular, is very much to-the-point.

The lawyers are quickly on target. Seamless use of other branches in the law firm.

Key clients

Arctic Securities

Clarksons Platou Real Estate

Nordic Real Estate Partners

Norwegian Property

Aspelin Ramm Eiendom

Oslo Areal

Starwood Capital Group

Watrium Eiendom

Promenaden Property

Scandinavian Property Group

Angelo Gordon

Meyer Bergman

Realkapital Investor

Oslo Airport City

Storebrand Eiendom

Søylen Eiendom

Industrifinans Capital

Kruse Smith Eiendom

Bulk Industrier

Mustad Eiendom

Geilo Holding

Blackstone

Glastad Farsund and Fortus

Vika Project Finance

Carucel Eiendom

Canica Eiendom

Eiendomshuset Malling & Co/Malling & Co Eiendomsfond

Tellus Eiendom

Tristan Capital Partners

Scandinavian Development Constructive Development

Orkla Eiendom

Neptune Properties

Norgesgruppen

Bane NOR Eiendom

Avantor

Brødrene Jensen

Mont Investor

NRE Norway

HCH Eiendom

Njord Securities

Work highlights

  • Advising AF Gruppen Norge AS, Betonmast Eiendom AS and OBOS Eiendom AS on the establishment of an innovation cluster with a mission to drive collaboration and new solutions in the construction industry.
  • Assisted Residential Holding AS (backed by Norwegian Property, Union Funds and Fredensborg Eiendom) with its acquisition of Veidekke Eiendom AS from Veidekke ASA.
  • Assisting Læringsverkstedet with its NOK5bn divestment of a portfolio of pre-schools.

Wiersholm

The real estate team at Wiersholm advises a variety of international and domestic companies on commercial, corporate and residential development projects; the practice is also noted for its tax and VAT expertise. Tom Rune Lian focuses on commercial property transactions, structuring work, financings, operational issues and developments. He jointly heads up the practice with expert litigator Ståle Meleng. Managing associate Kim Hellstrøm Christensen is recommended for his experience in leases, particularly lease negotiations, and the purchase and sale of properties.

Practice head(s):

Tom Rune Lian; Ståle Meleng

Other key lawyers:

Kim Hellstrøm Christensen

Testimonials

‘Kim Hellstrøm Christensen’s ability to negotiate on behalf of tenants is absolutely the best I’ve experienced after many years in the Norwegian commercial real estate industry. He challenges the landlords so called market standards, but is never fighting for unreasonable terms. Therefore, he always has good arguments which are difficult for the landlord to not accept or at least discuss on a professional basis. This makes Kim my preferred legal counsel in Norway.’

‘In our opinion Wiersholm has a very competent team within several segments. Wiersholm also has a modern legal office, and has shown great interest in modern technology and is keeping track of new services and solutions that could be of interest for the client. Our opinion is that Wiersholm are more “up-to-date” with new technology and standards than many other traditional legal firms in Norway.’

‘Our connections in Wiersholm stand out as being exceptionally service minded. The team puts forward great efforts no matter the time of day. Our experience with Wiersholm in transaction-related matters shows that the team provides strong legal advice and protects the clients interests while maintaining a positive negotiations climate with the counterpart.’

‘Strong transaction experience, creative deal structuring, strong negotiation skills.’

‘Efficient, well educated, excellent competence on the area, well prepared for meetings.

‘Tom Rune Lian is always well prepared, commercial and contributes to a good climate in negotiations.’

‘Pragmatic and solutions-oriented. Well respected amongst other lawyers.’

‘Both partner-led and support team is quite senior, which makes for good progress and strong communication between the two.’

‘Very flexible and target oriented. Made our transaction process fast and painless.’

‘Good knowledge of the industry. leading edge on new technology and industry movers.’

Key clients

Pareto Securities

UNION Gruppen

Coop Norge

Axer Eiendom

AB Invest

Innovasjonsparken / Smedvig Eiendom

Mikkelsen Eiendom

Ferd Eiendom

Arcus Gruppen

Oslo Pensjonsforsikring

Vika Project Finance

Steen & Strøm

Agri Eiendom

Fredriksborg Eiendom

Herøya Industripark

Jotne Eiendom AS

Bonum Utvikling AS

Condovita AS

Work highlights

  • Advised Union Gruppen, acting for the investor, and Pareto Securities as arranger on the acquisition of a large new building project for NOK1.83bn.
  • Advised Whitehelm Capital on its acquisition of all the shares in Pioneer Public Properties AS and Pioneer Management AS, a portfolio of 170 preschools.
  • Advised Ferd Eiendom AS on its acquisition of NRK’s (the Norwegian Broadcasting Corporation) property at Marienlyst, Oslo.

Wikborg Rein

Wikborg Rein has a strong track record in handling high-value domestic deals and developments for a mix of local and multinational investors, developers, commercial landlords and lessees. Key areas of work encompass investments, sales and purchases, corporate real estate issues, property developments, hotels and leisure properties, retail and logistics mandates, and commercial leases. Ingrid Høstmælingen has extensive experience in real estate developments and commercial lease negotiations; she jointly leads the team with Bjørn Frode Skaar. Lars Ulleberg Jensen is noted for his practice focusing on private equity deals and development projects involving project finance elements.

Practice head(s):

Ingrid Høstmælingen; Bjørn Frode Skaar

Other key lawyers:

Lars Ulleberg Jensen

Testimonials

‘The team has very strong professional expertise, and are very capable of explaining in layman terms. They are very dedicated and seem eager to assist at any time.’

‘Competent team, with a practical and pragmatic approach to complex problems, with a good ability understand clients business and challenges.’

‘Ingrid Høstmælingen – great attention to detail and good expertise of all relevant subjects. Lars Ulleberg Jensen – good all-rounder, strong with financial matters and structuring. Big plus for being able to quantify and qualify risks for the clients, not only pointing out the problem.’

Key clients

DNB Liv

DNB Markets

Arctic Securities

Aberdeen Standard Asset Management/Aberdeen Standard Property Investors

Storebrand

Clarksons Platou Real Estate

Bergen Tomteselskap AS

Carnegie

Tristan Capital Partners

NorgesGruppen

Kruse Smith AS

OBOS Eiendom AS

NIKI AS

Fram Eiendom AS

Work highlights

  • Advised Kruse Smith AS on the divestment of its NOK2.3bn property development company Kruse Smith Eiendom AS to Solon Eiendom ASA.
  • Advised DNB Markets (on behalf of a syndicate of investors) on its acquisition of a new office building close to the railway station in Drammen from state-owned Bane NOR Eiendom AS.
  • Assisted Grensen Eiendomsinvest AS with the renegotiation of a lease agreement with Schibsted ASA/Finn.no, in parallel with acquiring the neighbouring building and planning a full refurbishment of the properties.

Arntzen de Besche

Arntzen de Besche's practice combines 'both in-depth legal and commercial knowledge' for domestic and international clients on M&A deals, financing work, project developments and lease agreements. Headed up by transactional expert Hans Henrik Kværne, who also acts as an arbitrator in real estate disputes, the 'very qualified and effective team' is further recommended for private equity investments. Clients appreciate Eilif S Koch's 'laser-sharp focus for seeing both sides to a situation', while Thomas Øslebø focuses on property sales and urban development projects.

Practice head(s):

Hans Henrik Kværne

Other key lawyers:

Eilif S Koch; Thomas Øslebø

Testimonials

The excellent experienced partners coupled with a great bench of upcoming talent makes the team able to solve issues in a very efficient and seamless way.’

Eilif Koch takes issues on board as his own. His legal knowledge is of course unquestionable, but his ability to solve differences in opinion is really second to none. The way he separates the “no-buckling” points from the areas of negotiation is indicative of an excellent lawyer, whose tremendous problem solving capability comes from a ubiquitous understanding of the case in hand, coupled with his laser-sharp focus for seeing both sides to a situation.’

Very qualified and effective team, easy to get hold of and understands the important aspects of a deal.’

The team at AdeB focuses on combining both in-depth legal and commercial knowledge and broader business law aspects. The real estate experts at AdeB are also top business lawyers in general with an impressive overview of tax issues, VAT issues, corporate and financing issues. The team offers great strategic advice which make them great discussions partners. Their broad scope is essential and very valuable for in-house peers.’

Efficient delivery of service; very commercial in approach. Best firm for corporate real estate law in Oslo.’

Eilif Koch is very capable, understands the issues quickly, he is very commercial and delivers the best service in Oslo.’

The team is able to provide high-quality legal advice due to a high level of internal co-operation. The team has deep commercial knowledge combined with experience.’

The team is very competent and is always providing excellent advice in all matters of importance to a real estate company.’

Key clients

Ness, Risan & Partners (“NRP”)

Stor-Oslo Eiendom

Aberdeen Asset Management Norway

Møller Eiendom Norge

Arctic Real Estate Development

Lerka Eiendom

Fagerstad Utvikling

Vika Project Finance

Malling & Co Project Finance

Fearnley Project Finance

Realkapital Investor

Work highlights

  • Assisting Meierikvartalet Utvikling (established by Stor-Oslo Eiendom) with the ongoing development of Meierikvartalet in Oslo.
  • Assisted NRP Finans with the NOK1.6bn sale of shares in København Kontorbygg, which indirectly owns Tryg Forsikring’s headquarters outside of Copenhagen.
  • Assisting Stor-Oslo Eiendom with the purchase of Fyrstikktorget Eiendom.

Advokatfirmaet CLP DA

Advokatfirmaet CLP DA's team 'combines pragmatism with a flair for novel solutions' on transactions and property or mixed-use development projects. Other core areas of focus include advising foreign real estate funds investing in Norway, especially from Germany, as well as assisting with retail real estate issues and construction-based disputes. Håvard Skogvoll is 'extraordinarily experienced and a tough, creative, respected negotiator', and co-heads the practice alongside Elin Mack Løvdal, who specialises in leases and joint venture structuring mandates. Other key names include corporate and M&A partner Kjetil Vågen, specialist litigator Egil Jarslett and associate Mathias Borch.

Practice head(s):

Håvard Skogvoll; Elin Mack Løvdal

Other key lawyers:

Kjetil Vågen; Egil Jarslett; Mathias Borch

Testimonials

Very strong competence, adapts easily to the negotiation environment and gives personal service.’

CLP has a team of experienced lawyers with unique know-how about real estate transactions, developments and lettings, which enables the firm to handle complex acquisitions and sales, no matter if they take place as asset or share deals, and lettings with more efficiency than the competition. The team combines pragmatism with a flair for novel solutions, providing a consistent and highly dedicated service.’

Partner Håvard Skogvoll would without hesitation be a first call out of Oslo for real estate transactions or lettings. The level of confidence he gives anyone is second-to-none, and his ability to adjust his advice to the situation is thoroughly impressive. Håvard is extraordinarily experienced and a tough, creative and respected negotiator. His commercial and pragmatic approach to all matters ensures that the main goal always is to succeed, but always on the best achievable terms and conditions which is secured by great negotiation skills and ability to focus on the essential parts of matters.’

They operate very efficiently and are very invested in the customer relationship. They conduct business with a smile and have supported on transactions and acquisitions.’

High-level real estate law competence, always with a deep understanding for the commercial aspects. Very good at handling various types of people and counterparties, particularly Håvasrd Skogvoll and Mathias Borch.

Key clients

Catella Real Estate

Omsorgsbolig Holding (Infranode/DIF Capital Partners)

Scandinavian Property Group

Euro Real Estate

Kongsberg Gruppen

J.B Ugland Eiendom

CapMan Real Estate Oy

Selvaag Eiendom

AF Gruppen

Fredriksborg Eiendom

OBOS Eiendom

AVA Eiendom

Work highlights

  • Assisted Fyrstikk Holding AS (a holding company owned by J.B. Ugland Eiendom, Otterlei Group and Vedal) with the forward sales of Fyrstikkalleen 1 and Fyrstikkallen 3 in Oslo to two Arctic Securities syndicates.
  • Assisted CapMan AIFM Oy on behalf of CapMan Nordic Real Estate Fund II with the acquisition of Brynsalléen 2 AS from KLP Eiendom AS.
  • Assisted OBOS Eiendom AS with divesting the urban development project portfolio “Portalen” to an Arctic Securities syndicate.

DLA Piper

Clients appreciate the 'excellent follow-up and understanding of the market' at DLA Piper, which fields a 'proactive team', which is known for handling cross-border instructions on both the development and transactional side. Headed up by Thomas Rindahl Håkonsen, who has extensive experience in retail and large-scale commercial agreements, the practice also benefits from Line Ravlo-Losvik's notable reputation for multibillion-NOK deals. Core mandates for the wider team, which features Anders Bergene and Magnus Lutnæs, include acquisitions, sales and leasebacks and residential conversions, as well as advising on fund and corporate structures for various real estate clients.

Practice head(s):

Thomas Rindahl Håkonsen

Other key lawyers:

Line Ravlo-Losvik; Anders Bergene; Magnus Lutnæs

Testimonials

Top legal expertise in legal areas where it is important to see the case from all sides of the table.’

Excellent follow-up and understanding of the real estate market and what is important for the client.’

DLA Piper has a strong brand name with its global presence and larger pool of available resources strengthening delivery capability.’

Proactive team that assumes full responsibility and ownership of the legal processes to ensure that workstreams are being delivered in time and with high quality.’

Key clients

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

St. Olavsgt. 27

Torp Eiendom

Eidos Eiendomsutvikling

Stiftelsen Norges Varemesse/Oslo Spectrum Arena

Heimstaden

Norges Juristforbund

Corum XL

CondoVita

LCN Capital Partners

Seltor Bolig

Work highlights

  • Advised Heimstaden Bostad on a major vendor diligence of its entire portfolio consisting of more than 600 companies and 50,000 rental units located in the Nordic Region, the Netherlands and Germany.
  • Advised Eidos Eiendomsutvikling on a large property development, Fjordbyen ved Lierstanda.
  • Advised property developer and manager Pecunia on several projects.

Advokatfirmaet Simonsen Vogt Wiig

Jørgen Lindboe leads Advokatfirmaet Simonsen Vogt Wiig's 'highly efficient, competent and service-minded' real estate group, which is split between six Norway offices and has a strong track record in corporate real estate deals, planning issues and financial advisory mandates. Its client base includes financial managers, investors and domestic developers; Pål Brudvik recently advised longstanding client Njord Securities on various aspects of the NOK950m purchase and syndication of Rosenlund Kontorbygg and Rosenlund Kontorbygg II, which holds office property leased to public authorities. Transactional specialist Gøran Mjelde Aarvik is another key name to note.

Practice head(s):

Jørgen Lindboe

Other key lawyers:

Pål Brudvik; Gøran Mjelde Aarvik

Testimonials

‘The individuals at SVW are highly efficient, competent and service-minded.’

Key clients

Njord Securities (formerly Castelar Corporate Finance)

Colliers International Corporate

Malling & Co, Project Finance

Rimfeldt Eiendom

Oslo Finans

SPG Private Equity

Fazenda Utvikling

DNB Næringseiendom

Bertel O. Steen Eiendom

Coop Norge Eiendom

Birger N. Haug Holding

DNB Bank

RAC NORWAY

JM Norge

Hero Eiendom

Gaustadbekken

Forus Næringspark

Rolf Olsen Eiendomsselskap

Miris

Buffin Real Estate Norway

Jakob Hatteland Bygg

Backer

BKK Nett

RV Holding

Work highlights

  • Represented major energy supplier BKK Nett in an expropriation appraisement case regarding the establishment of a new power line.
  • Advised Njord Securities on the NOK950m purchase and syndication of Rosenlund Kontorbygg AS and Rosenlund Kontorbygg II AS, which holds office property leased to public authorities.
  • Advised DNB Næringseiendom AS, the manager of DNB Scandinavian Property Fund DA, on the NOK690m acquisition of Krinkelkroken 1 from Nordea Liv.

Deloitte Advokatfirma AS

The real estate practice at Deloitte Advokatfirma AS stands out in the market for its access to multidisciplinary expertise across its tax, VAT, financial, cyber, IT, accounting and AI teams. Key areas of work include commercial real estate transactions, rent and leasing advice, and property developments. Group lead Thorvald Nyquist focuses on commercial real estate advice, real estate transactions and lease contracts for commercial properties.

Practice head(s):

Thorvald Nyquist

Other key lawyers:

Christine Haugstvedt Downing

Testimonials

‘Deloitte Advokatfirma AS are 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 complete areas of expertise like tax, VAT and financial advisory.’

‘Partner/lawyer Mr. Thorvald Nyquist has impressed us with his deep and broad knowledge of real estate transactions and lease issues. He has in several real estate deals become our first choice for legal advisory and we will most certainly use him again in future cases.’

‘Christine Haugstvedt Downing is an outstanding lawyer, extremely positive, constructive and effective. She is always showing both commercial and legal competence, and is able to combine this to the best benefit of her client. She makes a point out of always delivering services with the agreed scope, discussing any need for adjustments should any extraordinary issues appear.’

‘Thorvald Nyquist is a likable person that is good with people. He is a quick thinker and reads the group and possible solutions quite well. He also seems to have relevant experience to lean on, and is able to see what could be best practise even though every case is unique.’

Key clients

Maskinforum AS

OBOS

Lovisenberg Diakonale Sykehus AS

Høyskolen Kristiania AS

Olav Thon Gruppen

NHO Norge AS

The Kistefos Museum Foundation

Fabrikkveien Hybelutleie AS

Sandspollen Eiendom AS

Sven-Aars Rynning Invest AS

AEKO Gruppen AS

Sigurd Hauknes

Tomtefesteforbundet

Jessenløkken BS

Berglie Cottage Coalition

WPS Næringsmegling AS

Norlandia Eiendom AS

Proaktiv Gruppen AS

Sandum Søndre AS

Liaset Eiendom AS

Work highlights

  • Assisted Maskinforum AS with an option to purchase all shares in a company owning an apartment building (under reconstruction) in central Oslo.
  • Assisting OBOS and other associated companies with structuring large and complex residential properties in a number of ongoing projects.
  • Assisted Lovisenberg Diakonale Sykehus with several matters related to the hospital’s facilities, mainly related to negotiations on new lease contracts, management of ongoing contracts and negotiations with the landowner regarding disagreements.

Advokatfirmaet Føyen Torkildsen AS

Advokatfirmaet Føyen Torkildsen AS's workload involves property purchases and developments, alongside building regulation and construction work, for clients ranging from corporate occupiers to developers. 'Outstanding' practice head Lars David Råmunddal 'has very good knowledge' across the sector, including on M&A mandates, complementing his expertise in tax, VAT and company law. The wider 'solution-oriented' team benefits from Ottar F. Egset's experience with preparing, organising and conducting large-scale transactions, while Paal-Christian Hansen handles share purchase agreements.

Practice head(s):

Lars David Råmunddal

Other key lawyers:

Ottar F. Egset; Paal-Christian Hansen

Testimonials

The company has good expertise across the board. Furthermore, there is good chemistry and cooperation between partners and other colleagues in the company; it provides an efficient flow of work.’

Strong legal competence on real estate matters. Commercial mindset and solution-oriented.’

The team have a very good understanding of real estate development. They deliver on time, and give advice that is outstanding. Very good communication.’

‘Lars David Råmunddal is outstanding and has very good knowledge of real estate development, and also M&A.’

Key clients

Fabritius Gruppen

Oslo Logistikkpark Gardermoen

Stavanger Utvikling

Loe Utvikling

DNB Bank

Studentsamskipnaden

Backe Prosjekt

Certas Energy Norway

Eiendomsspar

Norsk Eiendom

Google LLC

Kristiansand Havn

Ulven AS/OBOS Eiendom

Oslo Areal

Ferd Eiendom

Work highlights

  • Advised Stavanger Utvikling KF on the sale of 50% of the shares in one of the largest development projects in the Stavanger region.
  • Advised Fabritius Gruppen AS on project development work including its acquisition of 20% of the shares in a major logistic development project: Oslo Logistikkpark Drøbak.
  • Assisted Drammen Kommune Eiendomsutvikling with the preparations and facilitation for the sale of 50% of the shares in a major urban development project in Drammen.

Advokatfirmaet Grette AS

Advokatfirmaet Grette AS' real estate team focuses on three core segments of work: commercial property and larger residential projects; transactions and lease agreements; and infrastructure and connected legal matters. The department also handles real estate disputes, and has significant expertise in advising on complex agreements for real estate developments and option agreements. Practice head Ole-Jacob Farstad has extensive experience in logistics project developments, retail property transactions and management issues.

Practice head(s):

Ole-Jacob Farstad

Other key lawyers:

Dag Henden Torsteinsen; Rolf Markussen; Kristian Korsrud

Testimonials

‘The team has in-depth knowledge of the commercial property market both in legal and commercial terms as well as a broad network making them up-to-date with recent market developments.’

‘Dag Henden Torsteinsen of Grette is our key contact, and the stability and up-to-date knowledge of our business combined with his overall in-depth legal and market understanding, makes him our key adviser. His integrity and independence gives his voice respect among all shareholders easing the decision-making process of the management and the boards.’

‘Holistic understanding within real estate – market, authorities and property conditions/property rights.’

‘I experience our contact in Grette as professionally skilled and quick to understand and handle various legal issues. He is able to clarify, justify and convey legal positions, risks and recommendations in a good way – and with professional integrity.’

‘They are able to see a potential client in the long term; from a start up who develops and grows into a large company.’

‘They are very likeable and see the whole person, not just the case or issue.’

Key clients

Olav Thon Group

Construction City Eiendom AS

Selvaag Group (Dronningens gate 13 AS)

Selvaag Bolig ASA

Harald Lyche Holding AS

Drammensregionens Interkommunale Havnevesen (Drammen Port Authority)

Norsk Rikskringkasting AS

TINE SA

Sisterne Drift DA (Uno-X, Esso, ST1 Circle K)

Husebyplatået AS

Sparebanken Øst Eiendom AS

Technopolis AS

Malthus Uniteam AS

KLP Eiendom

Sykehusbygg HF

Municipality of Asker

Scala Eiendom AS

Work highlights

  • Assisted DSV Solutions AS with the purchase of a greenfield property, development and sale of a logistic facility on a forward sale and lease back agreement.
  • Represented Olav Thon Eiendomsselskap in the Oslo District Court and in the Borgarting Court of Appeal in a large real estate transaction dispute.
  • Acting as the strategic and legal adviser to Drammensregionens interkommunale havnevesen on a large port development project.

Kluge Advokatfirma AS

The full-service real estate group at Kluge Advokatfirma AS handles a broad range of matters, including sale and purchase transactions, lease contract issues and development projects. Areas of advice encompass zoning law, expropriation law, re-sectioning work and complex issues involving newbuilds and rebuilds. The practice also has extensive experience advising public sector clients on leasing and real estate procurement mandates. Naja Dannow, Petter Schmidt and Inger Hygen jointly lead the department.

Practice head(s):

Naja Dannow; Petter Schmidt; Inger Hygen

Other key lawyers:

Anders Elling Petersen Johansen; Tarjei Pedersen

Testimonials

‘Kluge delivers services with a high degree of professionalism and customer understanding.’

‘Naja Dannow has contributed to us solving a good number of challenges in the best possible way.’

‘Naja Dannow provided solid advice in real estate transactions and is very service minded.’

‘We would specifically mention Anders Elling Petersen Johansen who was leading our operation. He was hands on all the time, and missed no details in the work against the buyer.’

‘Tarjei Pedersen – thinks far ahead. Provides excellent advice to client. Great understanding of client needs.’

Key clients

Bane NOR Eiendom AS

Norsk Hydro ASA and subsidiaries

Smedvig Eiendom AS

Møller Eiendom Holding AS

JM Norge AS

FP Eiendom AS

Cityplan AS

Cushman & Wakefield

Neptune Properties AS

Eidos Eiendomsutvikling AS

Avantor AS

Politiets Fellestjenester

Work highlights

  • Advised Øgreid Eiedom AS on the sale of Herbarium Sentrumsbygg AS to Oslo Pensjonsforsikring AS.
  • Advised Wintershall Dea Norge AS on the preparation, marketing, sale and closing of Gullfaks AS, owning the main office of Wintershall Dea Norge AS in Norway.
  • Advised Entra on the development of a strategy for the reuse of building materials in new building projects.

SANDS

Acting for a range of investors, corporate occupiers and real estate funds, SANDS is highly recommended for property purchases and sales. Practice head Christian Hartmann focuses on commercial deals and development work, with other key areas of expertise including tax and VAT transactional issues along with corporate restructurings, which are handled by Jens Aas and special counsel Roger Engebretsen respectively.

Practice head(s):

Christian Hartmann

Other key lawyers:

Jens Aas; Roger Engebretsen

Key clients

Anders Opsahl Holding

Oslo Finans

Taraldset Eiendom

Fearnley Project Finance

Fauna Eiendom

Loe Utvikling

Sofiemyr Utvikling

Pecunia

Angelo Gordon

Greverud Utvikling/Kruse Smith

NMK Holding

Nordic Investment

TG Næringseiendom

Ferd Eiendom

Heffco

Work highlights

  • Assisted NMK Holding and seven other minor shareholders with the circa NOK1bn sale to NRP of NMK Eiendom AS, a Norwegian Maritime Centre in Ålesund.
  • Advised Nordic Investment on the circa NOK107m sale of Prostneset Utvikling AS, which owned a newly built office building in the centre of Tromsø.
  • Advised Ferd Eiendom on the purchase of a gasoline station located in central Oslo (Storo) for residential development.

Advokatfirmaet Ræder AS

Advokatfirmaet Ræder AS handles real estate issues including property developments, purchases and management work, and also has a construction team, which assists with contracts, negotiations and litigation. Anders Utne is the key contact for the practice.

Practice head(s):

Anders Utne

Other key lawyers:

Andreas Frislid; Eva Hagen

Brækhus Advokatfirma DA

The real estate department at Brækhus Advokatfirma DA has particular strength in property development and management mandates. With clients including various housing cooperatives, the group also has expertise in assisting landowners facing compulsory acquisitions. Thomas Andersen, whose practice centres on dispute resolution and contract negotiations, jointly heads up the team alongside property development expert Eirik Espenes.

Practice head(s):

Eirik Espenes; Thomas Andersen

Other key lawyers:

Erling Keyser; Fredrik Huseby; Jan Esben Leborg; Fredrik Agerup

Key clients

Vinkl Holding AS (former BEE AS)

Jahr Gruppen AS

Røa Centrum AS

Axer Bolig AS

Sparebanken Øst

Sem & Johnsen Bolig- og Næringsmegling AS

TUI Norge AS

St1 Norge AS

Nordvik Eiendomsmegling AS

Opsahl Bolig AS

Post Nord AS

Mestergruppen AS

Work highlights

  • Acting for Vinkl Holding AS working on a development of 300–400 homes currently being planned and built in Nordre Follo.
  • Assisted Røa Centrum AS with the development, completion and sale/lease of a commercial and residential project in Oslo.
  • Advised Gol Skipark on the organisation and development of a tourist destination.

EY Norway

EY Norway has specialist experience in handling the tax aspects of real estate transactions. The team is praised for its advice to real estate project developers; it also acts for mid-sized entrepreneurs in disputes. Kristian Råum heads up the team, and Agnete Haugerud has expertise in real estate VAT matters.

Practice head(s):

Kristian Råum

Other key lawyers:

Agnete Haugerud; Egil Jakobsen

Key clients

Olav Thon Gruppen

Møller Eiendom AS

KLP Eiendom Oslo AS

Veidekke ASA

Boligbyggelaget USBL

Fredensborg AS

Selvaag Eiendom AS

Selvaag Bolig ASA

JFG Eiendom AS

Solon Eiendom ASA

Neptune Properties AS

Brunstadstiftelsen

Fremtind Forsikring AS

Aspelin Ramm AS

Clemens Eiendom AS

Sinsenveien Panorama AS

Work highlights

  • Acting for Olav Thon Gruppen on the legal, tax and VAT aspects of several large development projects.
  • Assisting Neptune Properties AS with the structuring of several real estate development projects.
  • Assisting Veidekke ASA and its subsidiaries with development and restructuring projects.

Advokatfirmaet Hjort

Singled out for its litigation expertise, Advokatfirmaet Hjort is also active in advising clients on non-contentious real estate and construction matters, including real estate transactions. With a client base consisting of  a number of notable contractors, the group has additional experience in advising on complex construction projects. Practice head Liv Zimmermann is an expert in planning and building law. Kristian Korsrud departed for Advokatfirmaet Grette AS in mid-2020.

Practice head(s):

Liv Zimmermann

Other key lawyers:

Frode Innjord; Sveinung Flaaten; Frank Almås; Aslak Førde

Key clients

Avinor AS

Røa Utvikling AS

Peab AS

Asker municipality

Skanska Norge AS

HAB Construction AS

Kruse Smith AS

High Street Shopping AS

LPO Arkitekter AS

Risa AS

Midtre Romerike Avløpsselskap – MIRA IKS

SGP Finans AS

Verkis HF

Work highlights

  • Assisted Moss Havn KF with Bane NOR’s construction of a new double train track between Sandbukta to Såstad.
  • Represented Ringsaker municipality in a dispute against the largest landowners from Ringsaker mountain regarding the monetary contribution the landowners would provide for the construction of public water and sanitation systems to the Sjusjøen cabin area.

KPMG Law Advokatfirma AS, Norway

Operating across 11 offices nationwide, KPMG Law Advokatfirma AS, Norway provides legal assistance across the field of real estate law, with particular emphasis on VAT and tax work. The practice has also recently expanded to handle real estate dispute resolution. Tax experts Jan Ove Fredlund in Oslo and Jannicke Knudtzon Rokkan in Bodø jointly lead the team.

Practice head(s):

Jan Ove Fredlund; Jannicke Knudtzon Rokkan

Other key lawyers:

Ola Mæle; Per Daniel Nyberg

Testimonials

‘Quick responses and good know-how.’

Key clients

Skanska

Blackstone Real Estate Partners IV

Christian Jakhelln AS

Gunvald Johansen Holding AS

Moonstone Retreat AS

Nordland Betong AS

Nordic Smart House AS

Hyllbekk Eiendom AS

Work highlights

  • Providing assistance to Blackstone Real Estate Partners IV on restructuring issues and assisting Blackstone with portfolio acquisitions, divestments and refinancing operations.
  • Acting for Moonstone Retreat on the establishment of companies, providing advisory support regarding real estate and company law matters and drafting contracts.
  • Assisting Nordland Betong Holding AS with the restructuring of the company and property value taxation.

Ro Sommernes Advokatfirma DA

The 'very experienced' and 'solution-oriented' Ro Sommernes Advokatfirma DA fields a broad practice in real estate law, which handles leases, development projects, litigation and transactions for a client base ranging from investment businesses to construction companies. Key clients include Fram Eiendom, Sandvoldgruppen, Daimyo Eiendom and Strawberry Group. The department is jointly led by head of real estate Nils Petter Hansson and head of transactions Henrik Hareide Nilsen. Henrik A Christensen is also a notable practitioner, whose practice spans corporate and real estate law.

Practice head(s):

Nils Petter Hansson; Henrik Hareide Nilsen

Other key lawyers:

Henrik A Christensen; Nils Holger Koefoed

Testimonials

‘Very experienced real estate practice. Preeminent legal adviser to the hotel industry. Have come across the firm in many cross-border deals and they are always solution-orientated and easy to work with. Very good real estate practice.’

‘This boutique-style firm has a great team that delivers most of the work done by the largest firms. But rather than having most of the work done by juniors I feel that there are more experienced lawyers per client than in the larger firms. Ro Sommernes have some of the leading lawyers within restructuring and bankruptcy as well as real estate in the country handling some of the largest and most demanding clients.’

‘Nils Petter Hansson and Nils Holger Koefoed are both very accomplished, smart and deal-oriented lawyers with practical and pragmatic solutions to complicated problems. They both have a level of service and knowledge which is exceptional. They are both very pleasant to work with. We trust them 100%.’

‘Henrik A. Christensen: very commercial senior lawyer with a great network.’

Key clients

Strawberry Properties AB

Sandvoldgruppen AS

GLS Real Estate AS

Munkenes Næringseiendom AS

AF Gruppen

Daimyo AS

Nordic Choice Hospitality Group AS, Choice Hotels & Resorts AS and Petter A. Stordalen – all companies under the “Strawberry Group AS”-group

Heilo Eiendom AS

Fram Eiendom

B.A. 5 Invest AS

Work highlights

  • Assisted Sandvoldgruppen AS with its acquisition of the Brickstone portfolio in Oslo.
  • Assisted GLS Real Estate AS and Keif Norge AS with the sale of a portfolio of retail properties in Oslo.
  • Advised Fram Management AS on the acquisition of a retail property at Kongsberg.