Bertel O. Steen is strongly committed – eyes doubling in real estate – OBI Online

Bertel O. Steen increasing ambitions in real estate, and strengthens its efforts with a new board and new management.

– The ambition is to double the value of real estate from 2.5 to 5 billion until 2020, says CEO Bjorn Maarud according to a press release Tuesday.

– Car has rank
In a car market with weaker exchange rate and pressure on car prices, the company will spread risk by stepping up in value regardless Norwegian property. Still weighing the interests of automotive businesses dominate.

– Car has range. We will invest in real estate for the benefit of car. We will strengthen our dealers and workshops through better premises. Instead of sitting with long-term leases that bind dealers to specific locations, we want flexibility by owning the premises themselves.

– When we are free to sell or develop the properties so that our dealers at any time optimal building and location, says the chairman of the company representing Mercedes-Benz, Kia, Peugeot, Citroën and DS in Norway.

Hanker into routine
Øivind Solbakken is sourced as general manager of Bertel O. Steen Property. He comes from a position as general manager of Hadrian Eiendom, beginning this summer.

– The company has good maneuverability and a fresh ambition that it will be exciting to be realizing, says 48-year-old commented.

For the Board obtains Maarud previously Avantor CEO Christian Joys and CEO of Back Group Eirik Gjelsvik.

300 million. Lørenskog
Bertel O . Steen Property would preferably invest in large projects in commercial real estate. Plans to develop the land around the main offices in Lørenskog is already laid. A few meters from the exit of E6, the company will build a five story building of 16,000 square meters. Because Planet consumed by a dealership, while the rest all are rented to commercial offices.

The investment is estimated to 300 million.

– yet we can not go out with the name of tenant, says Maarud which reveals that “several exciting projects are in the pipeline,” both within the purchase, sale and development.