Selvaag Bolig Asa

Total Page:16

File Type:pdf, Size:1020Kb

Selvaag Bolig Asa PROSPECTUS NOT FOR GENERAL DISTRIBUTION IN THE UNITED STATES SELVAAG BOLIG ASA NOK 500 million to NOK 800 million initial public offering Indicative Price Range from NOK 25 to NOK 32 per Offer Share Listing of the Company’s Shares on Oslo Børs This prospectus (the “Prospectus”) has been prepared in connection with the initial public offering of new ordinary shares, each with a par value of NOK 2.00 (the “Offer Shares” and, together with any Additional Shares (as defined below) and the existing shares issued by the Company, the “Shares”), in Selvaag Bolig ASA (the “Company” or “Selvaag Bolig”) and the listing of the Shares on Oslo Børs (“Oslo Børs”). The global offering (the “Offering”) in an amount of NOK 500 million to NOK 800 million, with an over-allotment option of an additional 10%, through the issuance of up to 34,093,398 Offer Shares (including any Shares issued pursuant to the Greenshoe Option, as defined in Section 5.10) comprises (i) an institutional offering (a) to investors in Norway, (b) to investors outside Norway and the United States subject to applicable exemptions from local prospectus and other filing requirements, and (c) in the United States, to “qualified institutional buyers” “QIBs”( ) as defined in, and in reliance on, Rule 144A “Rule( 144A”) under the United States Securities Act of 1933, as amended (the “Securities Act”); subject to a lower limit per application of NOK 1,000,000 (the “Institutional Offering”), (ii) a retail offering to the public in Norway subject to a lower limit per application of NOK 10,500 and an upper limit per application of NOK 999,999 for each investor (the “Retail Offering”), and (iii) an employee offering, in which the Company’s Eligible Employees, as defined in Section 5.7.1, are offered to apply for Offer Shares subject to a lower limit per application of NOK 10,500 and an upper limit per application of NOK 100,000 for each Eligible Employee, and with a discount of 20% of the final offer price per Offer Share (the “Offer Price”) (the “Employee Offering”). Except where the context otherwise requires, references in this Prospectus to “Shares” will be deemed to include the “Offer Shares” and any “Additional Shares” (as defined in Section 5.4). All offers and sales outside the United States will be made in reliance on Regulation S (“Regulation S”) under the Securities Act. The offer period for the Institutional Offering (the “Book-building Period”) is expected to last from 09:00 hours (Central European Time, “CET”) on 23 May 2012 to 17:30 hours (CET) on 7 June 2012. The application period for the Retail Offering and the Employee Offering (the “Application Period”) is expected to last from 09:00 hours (CET) on 23 May 2012 to 12:00 hours (CET) on 7 June 2012. The Book-building Period and/or the Application Period may, at the Company’s own discretion, and for any reason, be closed prior to, or extended beyond, said times but will close no earlier than 12:00 hours (CET) on 30 May 2012 and no later than 17:30 hours (CET) on 28 June 2012. The Shares, the Offer Shares and the Additional Shares have not been, and will not be, registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold within the United States except to QIBs in reliance on the exemption from the registration requirements of the Securities Act provided by Rule 144A, or outside the United States in compliance with Regulation S. For a description of certain restrictions on offering, subscription, sale, purchase and transfer of the Shares, see Section 17 “Selling and transfer restrictions”. This is an initial public offering; prior to the Offering there has been no public trading market for the Shares and the Shares are not listed nor traded on any stock exchange or regulated market. The Company submitted an application for listing (the “Listing Application”) of the Shares on Oslo Børs (the “Listing”) on 23 April 2012. The Listing Application is expected to be considered by the board of directors of Oslo Børs on 23 May 2012. Completion of the Offering is inter alia conditional upon Oslo Børs approving the Listing Application. Investing in the Shares involves a high degree of risk. See Section 3 “Risk Factors” beginning on page 28. Joint Lead Managers 22 May 2012 Important information Please see Section 19 “Definitions and glossary of terms”, which also applies to the front page, for the definition of certain terms used throughout this Prospectus. All references to the “Group” or the “Selvaag Bolig Group” in this Prospectus refer to the Company together with its subsidiaries; see Section 6 “Presentation of the Company”. All references to the “Selvaag Group” in this Prospectus refer to the Company’s main shareholder Selvaag Gruppen AS together with its subsidiaries. Prospective investors are expressly advised that an investment in the Shares entails financial and legal risks and that they should therefore read this Prospectus in its entirety, including but not limited to the section of the Prospectus entitled “Risk Factors”, when considering an investment in the Shares. The contents of this Prospectus are not to be construed as legal, financial or tax advice. Each prospective investor should consult his, her or its own legal adviser, independent financial adviser or tax adviser for legal, financial or tax advice. In making an investment decision, each investor must rely on its own examination, and analysis of, and enquiry into, the Group and the terms of the Offering, including but not limited to the merits and risks involved. Each investor should contact the Managers or the Company with any questions about the Offering or if the investor requires additional information to verify the information contained in this Prospectus. The investor acknowledges that: (1) the investor has been afforded an opportunity to request from the Managers or the Company, and to review, and have received, all additional information considered by the investor to be necessary to verify the accuracy of, or to supplement, the information contained in this Prospectus; (2) the investor has not relied on the Managers or any person affiliated with the Managers in connection with the investor’s investigation of the accuracy of such information or the investor’s investment decision; and (3) no other person has been authorized to give any information or to make any representation concerning the Company or its affiliates or the Shares (other than as contained in this Prospectus) and, if given or made, any such other information or representation should not be relied upon as having been authorized by the Company or the Managers. None of the Company or the Managers, or any of their respective representatives or advisers, is making any representation to any offeree, applicant or subscriber of Offer Shares regarding the legality of an investment in the Offer Shares by such offeree, applicant or subscriber under the laws applicable to such offeree, applicant or subscriber. This Prospectus, dated 22 May 2012, has been prepared by Selvaag Bolig ASA in order to provide a presentation of the Company in connection with the Offering and the Listing, as defined and described herein. The Prospectus has been prepared to comply with the Norwegian Securities Trading Act Sections 7-2 and 7-3 and related legisla- tion and regulations, including the Commission Regulation (EC) No. 809/2004 of 29 April 2004 implementing Directive 2003/71/EC of the European Parliament and of the Council. The Prospectus has been prepared in the English language with a summary in English and Norwegian. The Prospectus has been approved by the Norwegian Financial Supervisory Authority (the “FSAN”) (Norwegian: Finanstilsynet) pursuant to Sections 7-7 and 7-8 of the Norwegian Securities Trading Act. The information contained herein is as of the date hereof and subject to change, completion and amendment without notice. In accordance with Section 7-15 of the Norwegian Securities Trading Act, any new circumstance, material error or inaccuracy relating to information included in the Prospectus, which may be of significance for the assessment of the Shares, and which arises between approval of the Prospectus and the expiry of the Offer Period or the Listing, will be presented in a supplement to the Prospectus. Such supplement shall be approved by the FSAN and be published. Publication of this Prospectus shall not create any implication that there has been no change in the Group’s affairs or that the information herein is correct as of any date subsequent to the date of the Prospectus. The Company has engaged ABG Sundal Collier Norge ASA (“ABGSC”), DNB Markets, a part of DNB Bank ASA (“DNB Markets”) and Pareto Securities AS (“Pareto Securities”) (together, the “Managers”) as joint lead managers for the Offering and the Listing. DNB Markets and ABGSC are also engaged as joint bookrunners. ABGSC, DNB Markets and Pareto Securities will jointly recommend the allocation of Offer Shares in the issue. All inquiries relating to this Prospectus must be directed to the Company or the Managers. No other person is authorised to give information, or to make any representa- tion, in connection with the Offering or sale of the Offer Shares or the Additional Shares, the Listing or this Prospectus. If any such information is given or made, it must not be relied upon as having been authorised by the Company or the Managers or by any of their affiliates, advisors or selling agents. The Company has furnished the information in this Prospectus. The Managers make no representation or warranty, express or implied, as to the accuracy or completeness of such information, and nothing contained in this Prospectus is, or shall be relied upon as, a promise or representation by the Managers.
Recommended publications
  • Draft Monica Viken 160220
    Denne fil er hentet fra Handelshøyskolen BIs åpne institusjonelle arkiv BI Brage http://brage.bibsys.no/bi Franchising in Norway: balancing complexity in a contractual relationship Monica Viken Handelshøyskolen BI Dette er siste forfatterversjon av artikkelen etter fagfellevurdering, før publisering i JFT: Tidskrift utgiven av Juridiska Föreningen i Finland, 152(2016)3: 338-365 Tidsskriftets forlag, Juridiska Föreningen i Finland, tillater at siste forfatterversjon legges i åpent publiseringsarkiv ved den institusjon forfatteren tilhører. http://jff.fi/ 1 Franchising in Norway – Balancing Complexity in a Contractual Relationship1 Associate Professor Ph.D Monica Viken 1. Introduction 1.1 Background and context The first known organized chain in Norway operating as a franchise is said to be a textile wholesale chain, established in 1966.2 The term “franchise” was not used, but the system matched the description of a franchise system. Franchising can be described as a commercial development strategy based on an interdependent partnership between independent commercial entities: the franchisor and franchisees.3 This partnership is typically based on the transfer of a package of intellectual property rights relating to trademarks, trade names, shop signs, utility models, designs, copyrights, know-how or patents, to be exploited for the resale of goods or the provision of services to end users.4 The number of franchise systems, as organisational forms, increased in Norway during the 1970´s, with 183 systems operating as franchises by 1998.5 The number is still increasing, with an estimated 242 franchise systems in 2004 and 300 systems in 2016.6 Within the retail industry one third of local units are owned or hired by a franchisee.7 As a result of this growth, 1 The author wishes to thank Petra Sund-Norrgård, Stojan Arnerstål and René Franz Henschel for their valuable feedback and comments.
    [Show full text]
  • DIGITALT SERVICEKONSEPT PLUSSBOLIGER ® -Utvidelse Av Tjenestetilbud- Kort Historikk
    DIGITALT SERVICEKONSEPT PLUSSBOLIGER ® -utvidelse av tjenestetilbud- Kort historikk Selvaag har bygget og ferdigstilt nærmere 60 000 rekkehus og leiligheter siden 1948. Selvaag Bolig er et av Norges største boligutviklingsselskap og har over 11000 boliger under utvikling over hele landet. Selskapet fokuserer spesielt på vekstområdene Stor-Oslo, Bergen, Stavanger og Trondheim. Selskapet har også boligprosjekter under utvikling i Stockholm. I 2004 lanserte Selvaag konseptet Plussbolig® (se s.3 for nærmere beskrivelse av konsept). Plussboligene er varemerkeregistrert og det er siden oppstart ferdigstilt 12 boligprosjekter med til sammen nærmere 1500 Plussboliger. Prosjektene er geografisk spredd i Oslo, Stavanger, Bergen, Drammen, Kristiansand, Spania og Stockholm. Gjennomsnittsalder på kjøpstidspunkt er ca 53 år. 55 % av kjøperne er 50+, 15 % 40-50 og ca 30% i aldersgruppen 20-40 år. Vi ser at godt voksne spesielt nyttiggjør seg konseptet og at vi i enkelte prosjekter har høyere snittalder ved kjøp. De første prosjektene ble ferdigstilt i 2006/2007 så gjennomsnittsalderen i prosjektene har økt fra kjøpstidspunktet. Selvaag Bolig har flere Plussboligprosjekter under utvikling: ▪ Stockholm, 230 Plussboliger ferdigstilles 2019/2020 ▪ Asker, ca 200 Plussboliger med salgsstart Q1-19 ▪ Trondheim, ca 600 Plussboliger med salgsstart Q3-19 ▪ Lørenskog, ca 200 Plussboliger under utvikling ▪ Ås/Ski ca 150 Plussboliger under planlegging 2 Hva er en Plussbolig ▪ En Plussbolig er en livsstilbolig. Målgrupper er både godt voksne og yngre mennesker, enslige og par, med og uten barn. Kjøpegruppen er kjøpesterk og kvalitetsbevisste med god økonomi og en aktiv livsstil, felles er at de ønsker en enklere hverdag og har interesse for trygghet, service og opplevelser Bemannet resepsjon ▪ Plusskonseptet har følgende kjennetegn: ▪ Felles serviceområde/oppholdsrom levert ferdig innredet og møblert ▪ Lobby/lounge/resepsjon ▪ Kaffebar med dagens aviser ▪ Selskapsrom med godt utstyrt kjøkken plass til ca.
    [Show full text]
  • Urban Density in the Northern Jæren Region
    INCREASING URBAN DENSITY IN THE NORTHERN JÆREN REGION (The CSR Journal, 2017). Karianne S. Norland Ida Christine Riege 5080 5044 1 2 Acknowledgements The completion of this master thesis could not have been possible without the assistance and cooperation of several individuals. Their contribution is highly appreciated and gratefully acknowledged. We would personally like to thank the following: Our supervisor and professor Ragnar Tveterås: we sincerely thank you for all your support and contributions. You have given us the right advices at the right time, and you have been a source of motivation. Elin Schanche and Jarl Endre Egeland: we wish to express our gratitude to you for giving us the help in choosing our topic, and the guidance and encouragement in carrying out this master thesis. We would also like to thank Gareth Doolan, Kari Raustein, Stine Haave Åsland and Stein R. Grødem for providing necessary information regarding this thesis, and also their honest and cooperative response to all our questions solicited in this study. Further, we would like to express our gratitude towards our families for their encouragement throughout our education, and in the completion of this master thesis. Stavanger, June 15th 2018 Karianne S. Norland Ida Christine Riege 3 Abstract The purpose of this thesis is to explore the possible opportunities the Northern Jæren region has for future developments with regards to residential housings, and the location of industries. The compact city concept has become a symbol of sustainable urban development, and the concept is prevalent throughout the thesis. Firstly, the thesis will explore the background for choosing the theme, and how the concept of a compact city has grown in importance with regards to sustainability.
    [Show full text]
  • Sporveien Digitalisering & Innovasjon
    SPORVEIEN DIGITALISERING & INNOVASJON TOGPRAT 26.09 INTRODUKSJON TIL SPORVEIEN OG DIGITALISERING OG INNOVASJON CASE EKSEMPLER TIPS & TRICKS / HVA HAR VI LÆRT? AGENDA SPORVEIEN AGENDA SPORVEIEN – NORGES STØRSTE LEVERANDØR AV KOLLEKTIVTRANSPORT UNIBUSS AS 1 Oms: 1.819 MNOK 2 Ans: 1915 3 Busser: 765 SPORVEIEN T-BANEN AS SPORVEIEN LEVERER TRIKK, T-BANE OG BUSS 1 Oms: 1.799 MNOK 2 Ans: 624 3 Tog: 115 SPORVEIEN TRIKKEN AS 3812 Ansatte NOK 4,952 MRD i omsetning 100% eid av Oslo Kommune 1 Oms: 937 MNOK 2 Ans: 387 3 Trikker: 72 PRODUKSJON 173 millioner enkeltreiser med trikk og t-bane i 2018 Verksted Trikk og t-bane, renhold bygg og vogner 2 Ans: 390 INFRASTRUKTUR 102 millioner enkeltreiser med Unibuss i 2018 Eier, forvalter, vedlikehold infrastruktur og utbygger Ca 100 investerings- 2 Ans: 320 3 Skinner: 240km prosjekter: 4,9 MRD ANTALL REISENDE MED T-BANEN ØKER 67% Økning i antall passasjerer med T-banens tjenester fra 2008 til 2018 2008 115.000 2018 122 000 000 Flere avganger på T-banen i 2017 2017 118 000 000 enn i 2008, en økning på 43% 2017 378' 2016 106 000 000 263' 2015 95 000 000 2014 88 000 000 363' 2013 85 000 000 2012 82 000 000 2011 81 000 000 288' 338' 2008 73 000 000 324' SPORVEIEN SATSER PÅ DIGITALISERING OG INNOVASJON – MEN HVA ER DET? DIGITALISERING … vil endre måten Sporveien jobber på … berører oss alle og krever at INNOVASJON alle drar i samme retning … er alt det kule. Men ikke noe som kommer av seg selv…! … er for å støtte individ, men også for helheten DIGITALISERING … har definisjoner i alle former, farger og språk "Digitalisering av lyd og bilde…" "Digitalisering er transformasjonen…" Sporveien – Digitalisering og innovasjon 6 CASE EKSEMPLER FRA SPORVEIENS PORTEFØLJE www.companyname.com © 2016 Jetfabrik Multipurpose Theme.
    [Show full text]
  • Stortingsvalget 1965. Hefte II Oversikt
    OGES OISIEE SAISIKK II 199 SOIGSAGE 6 EE II OESIK SOIG EECIOS 6 l II Gnrl Srv SAISISK SEAYÅ CEA UEAU O SAISICS O OWAY OSO 66 Tidligere utkommet. Statistik vedkommende Valgmandsvalgene og Stortingsvalgene 1815-1885: NOS III 219, 1888: Medd. fra det Statist. Centralbureau 7, 1889, suppl. 2, 1891: Medd. fra det Statist. Centralbureau 10, 1891, suppl. 2, 1894 III 245, 1897 III 306, 1900 IV 25, 1903 IV 109. Stortingsvalget 1906 NOS V 49, 1909 V 128, 1912 V 189, 1915 VI 65, 1918 VI 150, 1921 VII 66, 1924 VII 176, 1927 VIII 69, 1930 VIII 157, 1933 IX 26, 1936 IX 107, 1945 X 132, 1949 XI 13, 1953 XI 180, 1957 XI 299, 1961 XII 68, 1961 A 126. Stortingsvalget 1965 I NOS A 134. MARIENDALS BOKTRYKKERI A/S, GJØVIK Forord I denne publikasjonen er det foretatt en analyse av resultatene fra stortings- valget 1965. Opplegget til analysen er stort sett det samme som for stortings- valget 1961 og bygger på et samarbeid med Chr. Michelsens Institutt og Institutt for Samfunnsforskning. Som tillegg til oversikten er tatt inn de offisielle valglister ved stortingsvalget i 1965. Detaljerte talloppgaver fra stortingsvalget er offentliggjort i Stortingsvalget 1965, hefte I (NOS A 134). Statistisk Sentralbyrå, Oslo, 1. juni 1966. Petter Jakob Bjerve Gerd Skoe Lettenstrom Preface This publication contains a survey of the results of the Storting elections 1965. The survey appears in approximately the same form as the survey of the 1961 elections and has been prepared in co-operation with Chr. Michelsen's Institute and the Institute for Social Research.
    [Show full text]
  • Vehicle Routing Problem Applied for Demand Controlled Waste Collection
    Anett Cammermeyer Katrine Lunde Master Thesis - Vehicle routing problem applied for demand controlled waste collection - GRA 19003 Master of Science in Business and Economics: Logistics – Supply Chains and Networks Supervisor: Mehdi Sharifyazdi Date of Submission BI Norwegian Business School, Oslo Deadline 29.08.2014 01.09.2014 “This thesis is a part of the MSc Program at BI Norwegian Business School. The School takes no responsibility for the methods used, results found and conclusions drawn” GRA 19003 Master Thesis 01.09.2014 Acknowledgement This thesis is a submission to BI Norwegian Business School and completes our MSc degree in Logistics – Supply Chains and Networks, and thereby rounds out our five-year long education. The process of writing this thesis has been challenging, however interesting. We have learned a lot and know to this day that this is an experience we would not be without. We would like to thank Renovasjonsetaten and Sørum, which provided us with some necessary data needed for this thesis and giving us this opportunity. We would also like to give a special thanks to the chauffeur who let us participate on a route, and provided us with a lot of interesting information needed to understand the complexity of the work. The project has been very challenging and we would not have made it without the help of our supervisor Mehdi Sharifyazdi. His competence, guidance, time and insightful feedback have been a huge part of this thesis. At the end we will like to thank our partners and family for good support and positive enthusiasm during the work with this Master Thesis.
    [Show full text]
  • Annual Report 2015 Contents
    SUPREME COURT OF NORWAY SUPREME COURT ANNUAL REPORT 2015 CONTENTS CONTENTS The Supreme Court in its bicentenary year 2015 Page 4 Summary of Supreme Court cases and procedure Page 6 The Supreme Court’s Bicentenary Page 7 - “HONOURABLE GENTLEMEN!” Page 8 - 200 years in two minutes – It began in a library Page 10 - The Bicentenary Meeting Page 12 Bicentenary celebration at Akershus castle Page 14 Open house in the Supreme Court Page 16 Justice Tjomsland captivates his audience Page 18 “The most difficult thing I have ever done as a researcher” Page 20 A powerful meeting with the lions Page 21 Law Truth Justice Page 22 Supreme Court commemorative stamp Page 23 A selection of cases from 2015 Page 24 The Supreme Court and International Law Page 29 Supreme Court Justices Page 31 Justice Liv Gjølstad looks back Page 33 The Supreme Court's administration Page 36 Rizwana Yedicam informs Page 41 New faces Page 42 County tour 2015 Page 43 Outside the courtroom Page 44 Statistics Page 46 Cover page: The Justice Building in Christiania 1903, which is now the Supreme Court Building. Photo: Unknown photographer Oslo Museum 2 3 Photo: Morten Brakestad SUPREME COURT SUPREME THE SUPREME COURT IN ITS BICENTENARY YEAR Under the Norwegian Constitution of 1814, the entertainment, etc. outside the building. year, judiciary service has carried on as usual, and Supreme Court is one of our three constitutional The event attracted an enthusiastic crowd. You can as such, 2015 has been a busy year with many bodies. However, it took time to establish a read more about the various events in the important cases.
    [Show full text]
  • Annual Report 2010 AF Group Annual Report Company
    Highlights 2010 annual reportAF Group 2010 Record profit The AF Group ended its 2010 anniversary year with the highest annual net profit in the history of the AF Group annual reportAF Group 2010 company. Profit before tax for 2010 was NOK 372 million, corresponding to a profit margin of 6.4 per cent. While the outlook for the five business areas varies, overall the AF Group is well positioned for the future from both an organisational and financial standpoint. Financially sound position At the end of 2010 AF had NOK 580 million in net interest-bearing receivables and an equity ratio of 32.1 per cent. Thanks to the sale of parts of the Environ- mental Base at Vats and profits from operations AF is financially strong and well equipped to meet opportunities and challenges in the time to come. High activity and good performance in Civil Engineering AF’s Civil Engineering business area reported its highest level of activity and earnings ever in 2010. Revenues in 2010 amounted to NOK 2,158 million and profit before tax was NOK 198 million, equivalent to a profit margin of 9.2 per cent. All the Civil Engineering units performed very well during the year. Historically low level of injuries HSE has high priority at AF and is an integral part of management at all levels. In 2010, AF had a historically low level of injuries, with an LTI rate of 1.7 for the Norwegian part of the business. The LTI rate is defined as the number of lost time injuries per million man- hours, and AF includes all sub-contractors in the Annual report 2010 calculation.
    [Show full text]
  • Annual Report 2018 “EVERYTHING WE DO, WE DO to MAKE LIFE in WESTERN NORWAY EVEN BETTER!”
    Annual Report 2018 “EVERYTHING WE DO, WE DO TO MAKE LIFE IN WESTERN NORWAY EVEN BETTER!” When Sparebanken Vest was founded almost 200 years ago, it heralded a new way of thinking about banking. The bank was to be owned by its customers, and its objective was to help the many poor in society. The idea that challenges are best solved together was what made us, and it is still what drives us. Today, we have more than 290,000 owners, and everything we do, we do to make life in Western Norway even better. We aim to make life even better for those growing up and settling down. For those who need to break with tradition and go their own ways. For those who have a dream they want to pursue. For everyone who works hard and for business owners who create jobs in Western Norway. We will achieve this by caring about our customers, helping people where they are, being simple to bank with and by providing important advice along the way. This sense of community gives us a unique strength to deal with major challenges. Challenges that concern us all and that are decisive for our future. We can do it better together. Most of the photos used in the annual report are from the ‘Family Bank’. Sparebanken Vest follows customers through all the important phases of life and big and small events – in short, a friend through thick and thin. Photo: Anne Lise Nordheim. Sparebanken Vest strives for an active and future-oriented focus on the environment, both internally and externally.
    [Show full text]
  • The Car-Free Livability Programme 2019
    The Car-free Livability Programme 2019 Telephone: +47 21 80 21 80 Oslo kommune Visiting address: Vahls gate 1, Oslo Internet: oslo.kommune.no/bilfrittbyliv The Car-free Livability Programme Postal address: PO Box 364 Sentrum, NO-0102 Oslo. Email: [email protected] All photos and illustrations in this document are owned by the City of Oslo unless otherwise stated. The Car-free Livability Programme 2019 What is Car-Free City Life, why are we doing this and what are we doing for you as a citizen of Oslo? Fridtjof Nansens plass.Foto: Bo Mathisen redigert 96853 PBB Hanslingsplan 2019 omslag.indd 1 27.03.2019 14:51 redigert 96853 PBB Hanslingsplan 2019 omslag.indd 2 27.03.2019 14:51 Preface We are handing urban spaces back to the people For far too long, cities have centre. Therefore, many of the reclaimed been built for cars, including parking spaces have been made available Oslo. The Car-free Livability for goods deliveries, tradesmen working in Programme is all about giving the city and the disabled. Athe streets back to people. When we ask the inhabitants of Oslo what changes A long-term plan has been developed for the they would like to see in order to use the development of Oslo’s city centre streets city centre more, the answer is clear: they and urban spaces. This area zoning plan would like more green areas, more benches focuses on pedestrians, cyclists, children, and free seating, more culture and more adolescents and seniors, instead of private human activity in the streets.
    [Show full text]
  • A Four-Phase Model for the Sveconorwegian Orogeny, SW Scandinavia 43
    NORWEGIAN JOURNAL OF GEOLOGY A four-phase model for the Sveconorwegian orogeny, SW Scandinavia 43 A four-phase model for the Sveconorwegian orogeny, SW Scandinavia Bernard Bingen, Øystein Nordgulen & Giulio Viola Bingen, B., Nordgulen, Ø. & Viola, G.; A four-phase model for the Sveconorwegian orogeny, SW Scandinavia. Norwegian Journal of Geology vol. 88, pp 43-72. Trondheim 2008. ISSN 029-196X. The Sveconorwegian orogenic belt resulted from collision between Fennoscandia and another major plate, possibly Amazonia, at the end of the Mesoproterozoic. The belt divides, from east to west, into a Paleoproterozoic Eastern Segment, and four mainly Mesoproterozoic terranes trans- ported relative to Fennsocandia. These are the Idefjorden, Kongsberg, Bamble and Telemarkia Terranes. The Eastern Segment is lithologically rela- ted to the Transcandinavian Igneous Belt (TIB), in the Fennoscandian foreland of the belt. The terranes are possibly endemic to Fennoscandia, though an exotic origin for the Telemarkia Terrane is possible. A review of existing geological and geochronological data supports a four-phase Sveconorwegian assembly of these lithotectonic units. (1) At 1140-1080 Ma, the Arendal phase represents the collision between the Idefjorden and Telemarkia Terranes, which produced the Bamble and Kongsberg tectonic wedges. This phase involved closure of an oceanic basin, possibly mar- ginal to Fennoscandia, accretion of a volcanic arc, high-grade metamorphism and deformation in the Bamble and Kongsberg Terranes peaking in granulite-facies conditions at 1140-1125 Ma, and thrusting of the Bamble Terrane onto the Telemarkia Terrane probably at c. 1090-1080 Ma. (2) At 1050-980 Ma, the Agder phase corresponds to the main Sveconorwegian oblique (?) continent-continent collision.
    [Show full text]
  • Annual New Housing Construction in Norway Total and Oslo
    Responses to Housing Challenges - A State Perspective on The Case of Oslo By Anne Ruden The Norwegian Housing Bank The Norwegian Housing Bank 71° Norway The Norwegian Housing Bank 58° The Municipality of Oslo Department of Planning and Building The Oslofjord The Norwegian Housing Bank The Municipality of Oslo Department of Planning and Building The City between the Fjord and the Forest The Norwegian Housing Bank The Norwegian Housing Bank System of Government i Oslo • Parliamentary system of government • Social policies and education fully decentralised • Implementation of housing policy mainly carried out by – the 25 (15) districts, – The Housing and Real Estate Office – The Planning and Building Authority The Norwegian Housing Bank Prices of flats in Oslo, Rural Housing and Consumer Prices 1600 1400 1200 1000 800 600 400 200 0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Blokk,Flats 75 75 m2 inkvm Oslo Oslo Enebolig,140 m2 in Hedmark 140 kvm Hedmark KPSCP The Norwegian Housing Bank Annual new housing construction in Norway total and Oslo Total Oslo 45000 5000 40000 4500 35000 4000 3500 30000 3000 25000 2500 20000 Hele landet 2000 15000 Oslo 1500 10000 1000 5000 500 0 0 1950- 1955- 1960- 1965- 1970- 1975- 1980- 1985- 1990- 1995- 54 59 64 69 74 79 84 89 94 99 The Norwegian Housing Bank Builders of new Housing Construction in Oslo 3000 2500 2000 1500 Andre 1000 Other CooperativtCo-operative 500 0 1960-64 1965-69 1970-74 1975-79 1980-84 1985-89 1990-94 1995-99 The Norwegian Housing Bank The Norwegian Housing Bank Housing ownership structure in Norway 80 70 60 50 Oslo pct.
    [Show full text]