The Schibsted Group has a ten year lease with an option of three times five years.

“This is a very attractive development plot which is why we chose to acquire. The area can withstand a high density degree with more than 1,000 residences on the property’s 43 acres. But first and foremost we will manage the property as well as possible these upcoming years” says Daniel Kjøberg Siraj, Deputy CEO at Obos.