Norwegian Property will enter into a lease contract with a subsidiary of Base
Property for the property Forusbeen 35 in Stavanger. The initial lease length is
one year with an option to extend the lease.  The lease is based on "as is"
standard, and the lease will start during November this year. Base Property has
entered into a contract with UDI (The Norwegian Directorate of Immigration) for
lease and operation of temporary housing for refugees.

Forusbeen has been vacant since the previous tenant moved out of the building
earlier this year. The building was constructed in 1986 and 1990 and comprises
appr. 21 400 sqm offices, indoor parking and service facilities.

For further information, please contact:
Tore Heldrup Rasmussen, Norwegian Property, EVP Commercial, phone + 47 907 74
777
Norwegian Property is a focused and fully integrated office property company
with 38 properties located in the Oslo area and Stavanger in Norway. The
portfolio, which has a total fair value of NOK 16.0 billion, is characterized by
central location and attractive premises high quality tenants. The group's
properties consist largely of office premises, associated warehousing and car
parking, as well as retail and catering space. The company has identified four
value drivers for long-term value creation; Marketing & letting, Property
management, Property development and Transactions & finance.
Norwegian Property is listed on Oslo Stock Exchange with the ticker NPRO.
www.npro.no