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BRIEF-Telenor sells office property in Oslo for NOK 904 million
September 29, 2017 / 11:25 AM / 3 months ago

BRIEF-Telenor sells office property in Oslo for NOK 904 million

Sept 29 (Reuters) - Telenor Asa

* Telenor sells office property in oslo in Kongensgate 8/Kirkegaten 9 for NOK 904 million ($113.62 million)

* The buyer is a company established by Arctic Securities

* The sale will result in an accounting gain of around NOK 600 million, to be recognised in the third quarter 2017

* The property was previously used by Telenor for location of technical equipment and offices. Today it is predominantly an office location lease held by Statsbygg Source text for Eikon: Further company coverage: ($1 = 7.9563 Norwegian crowns) (Reporting By Terje Solsvik)

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