Forenom buys out Oslo Apartments in Norway

Through the acquisition of Oslo apartments Forenom moves into the position of Norwegian market leader

Nordic regions’ leading corporate housing provider Forenom invests heavily in Oslo

 

Through the acquisition of Oslo apartments, Forenom moves into the position of Norwegian market leader during 2017. The acquisition is effective immediately.

We have seen our corporate customers’ demand for medium-term apartment accommodation skyrocket in Norway. Oslo is a business region with enormous potential. Now are finally ready to respond our customers’ demand with the most diverse and extensive accommodation offering in Norway, says Johannes Kangas, CEO at Forenom.

The acquisition of Oslo Apartments strengthens Forenom’s position as the Nordic market leader.

– Oslo Apartments will supplement our current offering with high-end apartments in prime locations. From now on, those apartments are now also available to our customers, says Kangas.

Board member and co-owner of Oslo Apartments, Harald Wand, is pleased to present the agreement.

 – We are very pleased and extremely motivated now that we have joined forces with a strong Nordic player. This enables us to develop our service and offering to a new level, as we are able to serve our customers soon also in Bergen and Trondheim, says Wand.

 

The most diverse and extensive accommodation offering in Norway

 

After only 3 years in business in Norway, Forenom will be able to offer over 500 apartment alternatives for medium-term accommodation in Norway by the end of 2017. Additionally, in mid-2018 Forenom will open a next-generation Aparthotel comprising 160 apartments close to the Barcode business district in central Oslo. Forenom believes that Oslo needs a strong and professional provider of corporate housing solutions.

‘’This will help attract international companies to Norway – and convince them to stay there. The acquisition helps build Oslo’s international business community and attractiveness as a global business destination, says Kangas.

 

For more information, please contact:

Johannes Kangas

johannes.kangas@forenom.fi

Tel. +358 40 5721 421