OBOS Eiendom AS
| Date: | 1.7.2025 |
|---|---|
| Country: | Norway |
| Customer: | OBOS Eiendom AS |
| Amount in NOK: | NOK 800 million |
| Amount in EUR: | EUR 67.5 million |
| Maturity: | 8 years |
| Business sector: | Industry & Real Estate |
Project
The long-term financing has been provided for the Construction City cluster in Oslo, Norway. This loan replaces NIB’s construction loan signed on 18 January 2022.
The OBOS Group is the largest housing developer in Norway and engages in the development and sale of homes and properties, banking and financial solutions, property management, real estate brokerage, and other forms of service production in the housing and property sector. The organisation is cooperatively owned by its members. OBOS was established in 1929 to provide a solution to Oslo’s housing problems.
Fulfilment of NIB's mandate
Productivity
Construction City is a science park that aims to boost productivity in the construction sector by concentrating talent and technology. Involving about 4,000 professionals from 50–70 firms—including architects, builders, universities, and startups—the initiative aims to accelerate innovation and improve industry performance.
Environment
Construction City in Oslo is targeting BREEAM-NOR Excellent certification, with 92% of construction complete and full delivery expected by late 2025.
Sustainability summary
No environmental concerns identified.
