This is a practical guide from CMS on how to invest in commercial real estate in Norway. The guide starts off with a brief explanation of the Norwegian legal system. Key information about and an outline of the preferred ownership and transfer structure for commercial real estate assets is provided. We also outline the most common transaction process as well as costs to consider.
Key issues include financing of acquisitions, responsibilities and liabilities associated with owning commercial real estate assets, as well as an overview of relevant legislation and standard contractual frameworks.
Certain issues to be considered post acquisition is important for the buyer to be aware of. We have therefore outlined some of the responsibilities and liabilities that come with ownership and the way that buildings are managed.
CMS is experienced and competent to advise in all phases of a commercial real estate acquisition as well as post acquisition.