Bane NOR Eiendom - a brief presentation

Bane NOR Eiendom is one of Norway’s main Property Managers and Developers. The company owns, manages, operates and develop railway related properties and hubs.

Employees on the roof terrace

Foto: Sune Eriksen

A leading property company

Bane NOR Eiendom owns, develops and manages all railway property in Norway, and is the country's leading hub developer and an important stakeholder in the development of public spaces and urban areas.

We are active in every phase of the value chain, from project development and building to operation and management. The company’s property portfolio ranges from office and commercial premises, shopping centres, school buildings and workshops, to railway stations and various operational buildings.

Its unique portfolio of centrally located properties means Bane NOR Eiendom plays an important role in society. By developing public transportation hubs with housing, workplaces and services, Bane NOR Eiendom is helping to ensure that more people choose to travel by public transport and thus contributing to a more sustainable population growth.

Stavanger illustration image

Bane NOR Eiendom 

The Bane NOR Eiendom Group is wholly owned by Bane NOR SF and consists of Bane NOR Eiendom, its subsidiaries, and single purpose companies. Bane NOR Eiendom’s head office is in Oslo and has regional offices in Kristiansand, Stavanger, Bergen, Skien and Trondheim.

Have a look at our financial reports. (In Norwegian only)

Business Concept

Foto: Hilde Lillejord, Bane NOR Eiendom

Bane NOR Eiendom’s mission is to create value for its owners and the society through long term development and management of property.

Bane NOR Eiendom develops attractive and efficient public transportation hubs, ensuring more people to choose to travel by public transport.

Property development

Development of the Paradis area in Stavanger

Its unique portfolio of centrally located properties means Bane NOR Eiendom plays an important role in society. By developing public transportation hubs with housing, workplaces and services, Bane NOR Eiendom helps to ensure more people to choose public transportation and thus contributing to a more sustainable population growth.

The development potential of the portfolio is estimated to be 2 million square metres. Bane NOR Eiendom plays an active role in every phase of the project development and operates around hundred projects.

BREEAM

Bane NOR Eiendom has ambitious environmental goals of achieving BREEAM-NOR “Excellent” and/or energy class A certification for all of our new buildings. Our headquarter was Norway’s first commercial building with this certification.

Ownership

Kjelsås train station October 2014

Foto: Sune Eriksen

Bane NOR Eiendom AS is a wholly owned subsidiary of Bane NOR SF, which in turn is wholly owned by the Ministry of Transportation and Communication. The Bane NOR Group develop, manage and own all railway infrastructure in Norway, including railway tracks and tunnels.

Bane NOR Eiendom Group consists of Bane NOR Eiendom, its subsidiaries and single purpose companies. Bane NOR Eiendom’s head office is in Oslo with regional offices in Kristiansand, Stavanger, Bergen, Skien and Trondheim.

Key facts Bane NOR Eiendom AS, 2022

Buildings 882
   incl. Stations 311
Management Area 758 500 sq.m.
Leases 3100
Development Projects 250
Development Potential 5 000 000 sq.m.
Rents MNOK 1 081
Income MNOK 1 460
Annual Investment MNOK 1 128 *)
Est. Market Value MNOK 25 900 
Employees 150
  *) Only wholly owned companies

Management at Bane NOR Eiendom

The management at Bane NOR Eiendom

Foto: Sune Eriksen and Terje Borud

Top, left: Jon-Erik Lunøe (CEO), Niall Ó Muiré (Business Development and Sustainability), Stine Strachan (Communication), Knut Øivind Ruud Johansen (Stations) and Annete Palm Vesterkjær (HR).

Bottom, left: Morten Austestad (Projects), Sjur Helseth (Concepts), Morten Floberghagen (Railway Property), Espen Wikerholmen (Economy) and Jørn Johansen (Workshops).