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Public Property Invest

Environmental & Social Information Jan 22, 2025

6573_rns_2025-01-22_d2fe122d-4817-4d97-973f-8d962a84f200.html

Environmental & Social Information

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Extended lease contract with The Courts of Norway in Lillehammer until 2048

Extended lease contract with The Courts of Norway in Lillehammer until 2048

PPI has extended a lease contract with The Courts of Norway for approximately

1,560 sqm in Jul Pettersens gate 2 in Lillehammer. The lease contract has a

duration until October 2048.

"This extension is another declaration of confidence from The Courts of

Norway, which is one of our largest tenants and a tenant in 11 of our

buildings. When the contract expires in 2048 the District Court of Lillehammer

will have occupied these premises for 50 years. As a landlord we experience

that tenants to a greater extent choose to renew their leases in existing

premises. This is fully in line with the development the industry needs to

significantly reduce its carbon footprint" says André Gaden, CEO of PPI.

Contact

André Gaden

CEO

[email protected]

+47 93037322

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