Commercial Real Estate
Our team is composed of highly qualified specialists who work with transactions, development projects and ongoing assistance related to the real estate industry.
We provide expert advice across all legal fields relevant to our clients in the commercial real estate sector. Our team collaborates closely with the firm's other practice groups to ensure that all aspects of our clients' cases are thoroughly managed, including financing, regulatory frameworks, public regulations, tax and VAT, GDPR, and other legal fields our clients encounter in their operations. Additionally, we work closely with our construction and contracts team in relation to property development projects.
Our team provides assistance to clients throughout a property's entire life cycle from purchase, through to development and sale. The high volume of instructions we receive gives us good insight into market practices and trends both in terms of property transactions and lease conditions. This competence is essential in understanding the dynamics of commercial negotiations in changing market and framework conditions and succeeding for our clients.
Several of our lawyers are top rated in the commercial real estate category, both in Norway and internationally.
Through good project management and the use of digital tools, we ensure effective project implementation both in property development and property transactions.
We offer
- Property transactions, including forward transactions, sale-lease-back, etc.
- Lease and other contract negotiations
- Real Estate development
- Legal status of real estate
- Establishment of various forms of cooperation/joint ventures
- Shareholder agreements
- Taxes and fees
- Financing
- PropTech
- GDPR
Green buildings
Buildings account for approximately 40% of energy consumption and 36% of carbon emissions in EU countries, and the construction sector is facing increasingly stringent regulatory requirements driven by new sustainability mandates at both national and EU levels. In Norway, the government has tightened climate and environmental standards in public procurement, requiring contractors and developers to demonstrate eco-friendly solutions and lower carbon emissions to compete for public contracts. This includes more rigorous criteria for material selection, energy use, and waste management in construction projects. For example, contractors are now expected to provide documentation of their use of certified sustainable materials and outline strategies to minimize waste and reduce energy consumption throughout a building’s lifecycle.
At the EU level, the green transition, spearheaded by initiatives like the European Green Deal and the Fit for 55 package, has led to new regulations impacting the construction industry. These include stricter energy performance standards for buildings, enhanced energy efficiency requirements, and the integration of circular economy principles into construction processes. The EU has also introduced regulations promoting green public procurement as a means to give sustainable projects and technologies a competitive edge. As a result, construction industry stakeholders must adapt to these new standards to remain competitive in future tenders and projects.
