Forenom buys Oslo Apartments

George Sell George Sell Uploaded 07 July 2017

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Norway: Forenom has acquired fellow operator Oslo Apartments, making it the biggest provider of serviced apartments in Norway.

Johannes Kangas, CEO at Forenom, said: "We have seen our corporate customers' demand for medium-term apartment accommodation skyrocket in Norway. Oslo is a business region with enormous potential. Now are finally ready to respond our customers' demand with the most diverse and extensive accommodation offering in Norway. Oslo Apartments will supplement our current offering with high-end apartments in prime locations. From now on, those apartments are now also available to our customers."

Board member and co-owner of Oslo Apartments, Harald Wand said: "We are very pleased and extremely motivated now that we have joined forces with a strong Nordic player. This enables us to develop our service and offering to a new level, as we are able to serve our customers also in Bergen and Trondheim."

After three years trading in Norway, Forenom will be able to offer more than 500 apartments for medium-term accommodation in Norway by the end of 2017. Additionally, in mid-2018 Forenom will open an parthotel comprising 160 apartments close to the Barcode business district in central Oslo.

"This will help attract international companies to Norway - and convince them to stay there. The acquisition helps build Oslo's international business community and attractiveness as a global business destination," concluded Kangas.

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