Savills News

Malling & Co Markets hits nr. 1 in Norway

With NOK 192 million in revenue in 2018, Savills associate in Norway, Malling & Co Markets, has been ranked nr. 1 commercial real estate broker, by the Norwegian business newspaper; Finansavisen, published by Hegnar Media in Oslo, Norway.  

Anders Berggren, Malling & Co Markets’ CEO, says: “The rental and transaction market in 2018 has been positive and we have had growth throughout the business.” The syndication department alone had revenues of NOK 50 million last year.
 
Although Norway is a relatively small open economy that is sensitive to the developments in international economy and stability, the Oslo office market has shown significant robustness during the Global Financial Crisis and the following recovery.
 
Office rents continue on an upwards positive trend and are currently at an all-time high in nominal terms. According to Malling & Co Markets’ research, the general office market in Oslo is expected to see rental increase by up to 10 % for 2019.
 
Malling & Co Markets is part of Eiendomshuset Malling & Co. With more than 50 years’ experience, Eiendomshuset Malling & Co has secured its position as the most experienced, largest and professional provider of commercial real estate services in Norway.
 

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