Norway. Søren Nielsen AS

Date of agreement:29 Aug 2022
Customer:Søren Nielsen AS
Amount in NOK:NOK 375 million
Amount in EUR:EUR 39.33 million
Maturity:19 years
NACE sector / loan type:Real estate activities

This loan contributes to climate change mitigation: 100%


The loan has been provided for the construction of a BREEAM-NOR Very Good certified 7-storey office building and related structures in Brønnøysund, Norway.

The 7-storey office building houses the Brønnøysund Register Centre, a governmental administrative agency operating 19 national registers in Norway.

The main office building was completed in July 2021. Further construction work and completion of related structures, such as parking facilities and the immediate surroundings of the register building, are expected to be finalized by end-of summer 2023.

Søren Nielsen AS is a project company owning and developing the building complex let to the Brønnøysund Register Centre on a long-term lease agreement. Søren Nielsen is owned by the holding company Brønnøysund Kontorbygg AS, which in turn is owned by a consortium of investment companies.

Fulfilment of NIB's mandate

The new premises will contribute to more efficient and improved access to critical public services.

The building is certified in accordance with the green building standard BREEAM, level Very Good, which is the third highest certification class in the standard.

Sustainability summary

No significant risks have been identified.

Press release

NIB finances Brønnøysund Register Centre office building in Norway

Press release

NIB finansierer kontorbygg for Brønnøysundregistrene