Oslo
NS 3940
Space Measurement Standard
Space Unit of Measure
NOK Convert
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Financial Data Currency[1]
No
Transfer Taxes
Office Occupier Market Condition
Ease of Doing Business – How conducive is the regulatory environment to starting and operating a business. Source: The World Bank, Doing Business – 2020
Labor Cost – Wages for skilled office workers. Source: Global Wage Index, Hickey & Associates 2020
Taxes – Favorability of taxation policies to business. Source: The World Bank, Doing Business – 2020
Tenant Favorable – Assessment of the real estate market condition for office space. Source: Colliers International
Typical Loss Factor
20-25%From rentable to useable square meters
Landlord Concessions
Fit-Out Concession
Amount of Fit-Out Concession
kr1500/sm-kr9000/smTypical range of fit-out contribution.
Rent-Free Period
Standard Range of Rent-Free Months
0mo.-3mo.Typical number of rent-free months.
Payment of Fees/Commissions
Payment of Fees/Commissions Notes:
As negotiated.Lease Provisions
Lease Term
3yrs.-10yrs.Typical lease term in years.
Operating Expenses & Service Charges Included
Additional Charges
kr200/sm-kr500/smEstimated range for all additional charges per Square Meters.
Additional Charges:
Lease Fundamentals: The following apply to both office and industrial leases.
Lease Execution Requirements:
Requirements Notes:
Bank guarantee or deposit.Negotiated Subletting/Assignment
Landlord Consent: Typically, the landlord's written consent IS still required.
Statutory Subletting/Assignment
Blend & Extend Strategies
Statutory Early Termination
Negotiated Early Termination
Workplace
Regional Office Space
14sm-19smTypical Square Meters per employee (includes office square footage for employees and contractors).
Regional HQ Office Space
30sm-45smTypical Square Meters per employee (includes office square footage for employees and contractors).
Oslo is a leading market in this category.
Desk Sharing
Urbanization of the workforce is: A major factor driving location decisions
Industrial Occupier Market Condition
Ease of Doing Business – How conducive is the regulatory environment to starting and operating a business. Source: The World Bank, Doing Business – 2020
Labor Cost – Wages for manuafacturing and warehouse/distribution office workers. Source: Global Wage Index, Hickey & Associates 2020
Taxes – Favorability of taxation policies to business. Source: The World Bank, Doing Business – 2020
Tenant Favorable – Assessment of the real estate market condition for industrial space. Source: Colliers International
Landlord Concessions
Fit-Out Concession
Amount of Fit-Out Concession
kr200/sm-kr1000/smTypical range of fit-out contribution.
Rent-Free Period
Standard Range of Rent-Free Months
1mo.-6mo.Typical number of rent-free months.
Payment of Fees/Commissions
Payment of Fees/Commissions Notes:
As negotiated.Lease Provisions
Lease Term
3yrs.-15yrs.Typical lease term in years.
Operating Expenses & Service Charges Included
Additional Charges
kr80/sm-kr200/smEstimated range in total for all additional charges per Square Meters.
Additional Charges:
Lease Fundamentals: The following apply to both office and industrial leases.
Lease Execution Requirements:
Requirements Notes:
Bank guarantee or deposit.Negotiated Subletting/Assignment
Landlord Consent: Typically, the landlord's written consent IS still required.
Statutory Subletting/Assignment
Blend & Extend Strategies
Statutory Early Termination
Negotiated Early Termination
Project Management
Section 1. Fit Cost Data
Total Fit-Out Cost
Class A Office
Class B Office
Class C Office
Section 2. Scope of Work Description
Phase 1: Services Before and During the Transaction
Phase 2: Service Before and During the Design Process
Phase 3: Services Before Construction
Phase 4: Services During Construction
Additional Services: Services During Relocation
Additional Services: Project Management Services Related to Furniture/Workstation Procurement
Operating Environment Data provided in partnership with Hickey & Associates. Rankings reported on a scale of 1 (least favorable) to 10 (most favorable).
Human Capital
Labor Force Growth
Labor force growth rate (past 5 years)
Wage Inflation
Rise in wages (past 5 years, local currency)
Millenials
Proportion of population in the age 20-39 cohort
High School Edu Equiv
Proportion of population attaining this level
University Edu
Proportion of population attaining this level
Overall Edu
Composite average of High School & University
Human Capital Composite
Business Climate
Innovation
Presence of innovative factors in economy
Economic Risk
Resilience of economy to unexpected events
Business Environment
Friendliness of business environment
Incentives
Value potential, diversity/number of programs
Business Climate Composite
Operating Environment Composite
Combined average score of Human Capital and Business Climate factors