Fokus Bank has chosen Aker Brygge as the future location for a full fledged and
customer focused house of finance in Oslo. Fokus Bank will enter a rental
contract comprising approximately 6 400 square meters with a duration of 10
years from the expected relocation in January 2014. The rent is agreed on market
terms and reflects both the attractiveness of Aker Brygge and the standard of
the building after a planned refurbishment.
Fokus Bank will be located in one of the four buildings that constitute the
current head office of DnB NOR at Aker Brygge. DnB NOR will leave these areas in
March 2013, and Norwegian Property plans a major upgrade of the property in
order to offer modern functionality, space efficiency and environmental friendly
Parts of Fokus Bank's organisation is today located in Stortingsgaten 6, which
is also owned by Norwegian Property. The lease contract for this property will
be renewed on current terms from January 2013 to the expected relocation to Aker
Brygge in January 2014.
Â "We have great ambitions for the future development and revitalisation of Aker
Brygge. Aker Brygge has one of the best locations in Oslo, with proximity to
public transportation and parking areas below the ground. Aker Brygge also
offers one of Oslo's most attractive office locations, with a unique combination
of offices, shops, restaurants and residential areas.
We are very pleased to welcome Fokus Bank to Aker Brygge. With this contract
Norwegian Property will secure a long term lease for more than 25 per cent of
the areas DnB NOR is leaving in 2013," says CEO Olav Line.
For further information, please contact:
Olav Line, CEO phone +47 48 25 41 49
Aili Klami, Director Leasing and Marketing, phone +47 95 26 45 55
About Fokus Bank
Fokus Bank is a brand organised in the Danske Bank Group. Fokus Bank hasÂ 41
branches spread throughout Norway with the headquarters based solidly in
Trondheim. The Danske Bank Group is one of the leading financial institutions in
the Nordic countries. Fokus Bank is the sole provider of financial services
offered by the Danske Bank Group in Norway.
This information is subject of the disclosure requirements acc. to Â§5-12 vphl
(Norwegian Securities Trading Act)
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Source: Norwegian Property ASA via Thomson Reuters ONE