31 august, 2020

Deal at Lierstranda

One of Norway’s largest city development projects “Fjordbyen” just outside of Oslo has new owners.

We are proud to have advised Fabritius Gruppen AS and Bane NOR Eiendom on the acquisition of a stake in Eidos Eiendomsutvikling AS. Fabritius Gruppen AS has acquired a 22.5 percent ownership, while Bane NOR Eiendom has increased its ownership to 22.5 percent. Lier Municipality continues as the majority owner with the remaining 55 percent.

At completion, Fjordbyen will consist of 10,000 residences, offices, schools, kindergartens and recreational areas. The development of the new hospital at Brakerøya has also started, and it will also be established a 76,500 sqm health park.

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