Office rental market

Rent level per area

Rent level (NOK/m²/year)	Prime rent	High standard	Moderate standard	Vacancy	Δ Vacancy 6 months
CBD	5 700	5 000 - 4 200	3 400	8.9 %	2.4 %
Bjørvika	4 300	3 600 - 3 100	3 000	1.8 %	-0.2 %
City Centre	4 100	3 500 - 2 900	2 300	6.4 %	1.8 %
Inner City West	3 900	3 200 - 2 700	2 000	3.9 %	0.1 %
Inner City North	2 300	1 900 - 1 700	1 400	4.8 %	-2.3 %
Inner City East	3 200	2 200 - 1 900	1 400	10.4 %	1.0 %
Skøyen	3 500	3 300 - 2 700	1 900	8.7 %	3.3 %
Lysaker	2 500	2 300 - 1 800	1 500	7.6 %	-0.4 %
Fornebu	2 000	1 800 - 1 400	1 300	7.4 %	1.2 %
Nydalen	2 500	2 200 - 1 850	1 500	5.8 %	0.5 %
Bryn / Helsfyr	2 300	1 900 - 1 600	1 300	12.0 %	-0.1 %
Økern, Hasle, Løren, Ulven	2 250	1 850 - 1 600	1 200	21.2 %	-7.1 %
Outer West	1 850	1 600 - 1 400	1 350	2.0 %	0.5 %
Outer North/East	1 700	1 600 - 1 350	1 150	3.4 %	-1.5 %
Outer South	1 800	1 600 - 1 350	1 150	5.1 %	0.9 %
Asker & Bærum	2 300	1 800 - 1 500	1 200	4.9 %	-0.2 %

Source: UNION

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