This statistic illustrates the take-up of office real estate in Oslo, Norway, from 2013 to 2019. It can be seen that between the years of 2014 and 2017, the take-up of office real estate fell dramatically. Since the 2014 oil price bust in Norway, office real estate has struggled significantly falling from approximately 100 thousand square meters of take-up in 2014 to just over 14 thousand square meters in 2017. In 2018 and 2019, the demand for office space improved, with Oslo seeing pre 2015 take-up volumes once again.
Take-up of office real estate on the commercial property market in Oslo from 2013 to 2019
(in square meters)
Then source included the following information "Since the oil price bust in 2014, Oslo office market has struggled with its supply situation. The restructuring of companies, leading to vacant space and subletting of premises, negatively affected Oslo’s office
market, particularly in rental prices. The response of recent years has been to
reduce stock through office conversion to residential."
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BNP Paribas Real Estate. (March 6, 2020). Take-up of office real estate on the commercial property market in Oslo from 2013 to 2019 (in square meters) [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/529570/office-real-estate-take-up-oslo-norway-europe/
BNP Paribas Real Estate. "Take-up of office real estate on the commercial property market in Oslo from 2013 to 2019 (in square meters) ." Chart. March 6, 2020. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/529570/office-real-estate-take-up-oslo-norway-europe/
BNP Paribas Real Estate. (2020). Take-up of office real estate on the commercial property market in Oslo from 2013 to 2019 (in square meters) . Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/529570/office-real-estate-take-up-oslo-norway-europe/
BNP Paribas Real Estate. "Take-up of Office Real Estate on The Commercial Property Market in Oslo from 2013 to 2019 (in Square Meters) ." Statista, Statista Inc., 6 Mar 2020, https://www.statista.com/statistics/529570/office-real-estate-take-up-oslo-norway-europe/
BNP Paribas Real Estate, Take-up of office real estate on the commercial property market in Oslo from 2013 to 2019 (in square meters) Statista, https://www.statista.com/statistics/529570/office-real-estate-take-up-oslo-norway-europe/ (last visited September 20, 2024)
Take-up of office real estate on the commercial property market in Oslo from 2013 to 2019 (in square meters) [Graph], BNP Paribas Real Estate, March 6, 2020. [Online]. Available: https://www.statista.com/statistics/529570/office-real-estate-take-up-oslo-norway-europe/
