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General

Telenor signs sale and lease-back agreement for HQ

Wednesday 21 October 2020 | 15:16 CET | News
Telenor has announced the sale of its headquarters at Fornebu to NPRO Holding, a wholly owned subsidiary of Norwegian Property, and will lease it back over a period of 25 year. Norwegian Property said the purchase at number 30 Snaroyveien will take place in December, following competition authority approval. The agreed gross property value is NOK 5.45 billion and 65 percent of the price will be financed by a ten-year bilateral loan.

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Categories: General
Companies: ABB / Telenor / Telenor Norway / Tieto
Countries: Norway
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