"It is with great peace of mind that I now step back as Eiendomsspar's managing director after 40 years in the industry. We at Eiendomsspar are a diverse team, who are happy to give that little extra. I am convinced that with Eiendomsspar's high-quality properties, our strong financial position and excellent organization, under the leadership of Sigurd Stray, wants to continue to create good results," says Christian Ringnes.

"Christian Ringnes has been involved from the start of Eiendomsspar, and has been essential in developing the company to what it is today. In his 40 years as CEO, the group has built up values from NOK 430 million to over NOK 40 billion. in 2024, at the same time that significant dividends have been paid out on the road. This corresponds to an average annual return of 16 percent. Verdiene has been created through hard work, analyzing the market and thereby well-timed kjøp and sale shares. We are very happy that Christian will continue as working chairman, so that we retain his considerable expertise has the necessary competence and experience to get Eiendomsspar to grow further into the future," says Anders Ryssdal, who will continue as deputy chairman of the board.

Sigurd Stray has been employed at Eiendomsspar since 2010. Prior to this, he has work experience from DnB Asset Management and Olav Thon Gruppen. He was originally employed as property and development director at Eiendomsspar, before becoming deputy managing director of the company in 2018. Stray has broad experience from the rental, project and investment side of the real estate industry, and for the past six years has served as operational manager for both the rental and development part of Eiendomsspar's business.

"To take over the executive chair after one of Norway's most skilled and prominent real estate developers is a big shoe to fill. I have been with Eiendomsspar since 2010 and have been part of a fantastic journey. Now I look forward to building on the solid foundation that has been created, and together with the organization develop Eiendomsspar further," says Sigurd Stray.

Stray starts in the position on May 7.