Telenor Eiendom Holding AS, a subsidiary of Telenor ASA, has
sold an office property in Kongensgate 8/Kirkegaten 9 in
Oslo for NOK 904 million. The buyer is a company established
by Arctic Securities.
The property was previously used by Telenor for location of
technical equipment and offices. Today it is predominantly
an office location lease held by Statsbygg.
The sale will result in an accounting gain of around NOK 600
million, to be recognised in the third quarter 2017.