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Norwegian Property extends lease contract with Total in Stavanger

Norwegian Property has agreed with Total E&P Norway AS to extend the existing lease contract for Finnestadveien 44 in Stavanger until 31.12.2021. The lease contract includes total office space of 22 032 m², and the agreed annual rent is in excess of NOK 30 million, valid as from 1st of January 2010. The annual rent is adjusted annually by 2.5 percent.



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