Property tax bills start rolling in

Norway has long been known as a high-tax country but only now are most residents getting hit with direct assessments on their residential or commercial real estate investments. Local government officials who shied away from levying unpopular property tax to shore up community finances have felt compelled to  do so, and property tax bills are rolling in, not […]

Foreign investors scoop up commercial real estate

Norway’s still-booming real estate market isn’t confined to residential sales at record high prices. Foreign investors have never held such a large portion of Norwegian commercial real estate as they do now, reports newspaper Dagens Næringsliv (DN). According to real estate brokerage firm Malling & Co, foreign investors have accounted for around 45 percent of […]