"We are continuing to grow in Bergen and see great potential in the Norwegian housing market. Rental apartments account for an important part of our business and this sale is aligned with our strategy," says Joachim Hallengren, President and CEO of Bonava.

Biskopshavn is a well-established neighbourhood that features schools, preschools and a number of recreational options. The residential area is located in Ytre Sandviken close to central Bergen.