The Norwegian Broadcasting Corporation, NRK, has purchased two plots in the Ensjø neighbourhood of Oslo from Axer Eiendom and Ferd Eiendom for around NOK 800 mln (€79 mln).
NRK said it was planning to develop a brand new 50,000 m2 headquarters building on the site, which comprises Ensjøveien 3-5 and 7, to replace its former HQ located around 4 km away in Marienlyst.
The state broadcaster assessed over 100 possible sites for the new office location, according to Norwegian press reports, before selecting the combined site which covers around 14 acres (56,600 m2).
Property services firm Newsec advised NRK on the acquisition. The broker also assisted NRK last year in the successful sale of its Marienlyst HQ to Ferd Eiendom for €370 mln.
Håkon Heiberg Styrvold, head of capital markets, Newsec Advisory in Norway said: 'We have now come full circle in our partnership with NRK, as we previously assisted them in the sale of the largest development project in Norwegian history where we received a record price and settlement model that gave NRK the full flexibility to find the optimal plot for their new headquarters.
'With the purchase of these two properties, NRK has the predictability needed to develop its new headquarters and we look forward to seeing a new, modern and future-oriented broadcasting building at Ensjø.'
Ferd plans to build over 1,200, hotels and restaurants on the 85-acre Marienlyst plot divested by NRK.
