Møller Eiendom won the bidding war for old Deichman. The offer ended at DKK 245 million.



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Møller Eiendom plans to fill the old library with workplaces, several restaurants, and his own collection of photographs.

Møller Eiendom won the bidding round for old Deichman. The offer must now be approved by the city council. Stian Lysberg Solum

The case is being updated.

In June, the old Deichman in Hammersborg in Oslo was put up for sale with an estimated market value of NOK 58.6 million. The ordinary bidding round began on Monday this week. 11 players must have participated. The bidding round has been going on for four days.

On Thursday afternoon, Aftenposten will receive confirmation that Møller Eiendom won the bidding war. The offer came to 245 million crowns. That’s almost $ 200 million above the estimated market value.

The Real Estate and Urban Renewal Agency (EBY) will now make a recommendation for political consideration. In the end, it is the Oslo City Council who will approve the sale. EBY has previously said that they will submit their recommendation for political consideration during the fall.

– It feels absolutely fantastic. We have done everything possible to obtain this property. There has been a knife throughout the bidding round until we finished with this final sum today, says Møller Eiendom CEO Andreas Jul Røsjø.

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Estimated market value: 58.6 million Current offer: More than 200 million. The bidding round is still ongoing.

This is how Møller Eiendom conceives what old Deichman might look like. Pir II Oslo / Dragonfly3DA

“A multifunctional living room”

Obos and Christian Ringnes’ company Eiendomsspar are among the players Møller Eiendom has fought against in the bidding war.

Real estate agency Møller Eiendom has previously told Aftenposten that they want to establish “a large multifunctional hall that facilitates the diversity of encounters between people.”

They want to fill the building with flexible meeting rooms, modern workplaces, a wide variety of restaurants in different categories, as well as areas dedicated to photographic art. Andreas Jul Røsjø, CEO, wrote this in an email to Aftenposten in August.

The Møller family owns perhaps the largest collection of art photography in Norway.

“Naturally, we care a little more about the area and its practitioners. With the collection as a base, we want to make an effort to achieve something that is noticeable in the field,” writes Røsjø.

He believes that the history and location of the building next to the new government district provides them with an opportunity and a commitment. Røsjø hopes to create a diverse urban life both in and around the old library.

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Obos, Møller Eiendom and Christian Ringnes in a bidding war for old Deichman

At least 64 million in maintenance costs

The old main library has been on sale since June. Neither city nor state agencies have wanted to use the old main library. Therefore, it was decided to sell the 12,500-square-meter building.

The purchase of the building does not come without requirements. The buyer must invest at least NOK 64 million in maintenance costs. 1.8 million of these are immediate measures.

It also comes with a right of use agreement, which means that the population of Oslo and visitors to the city will also have access to parts of the building in the future. This applies, among other things, to the entrance to the Government Quarter, the main hall with its roof and mezzanine and the outdoor areas.

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