Porsgrunn, January 10th 2022.

Reference is made to the stock exchange notice published on 2 July 2021
regarding a new lease contract. Skien Brygge Utvikling AS has today signed a
firm lease agreement with Comfort Hotel Skien Brygge AS for approximately 6,300
sqm in the upcoming development project Skien Brygge. The lease contract will
have a duration of 20 years, starting at project completion expected in Q4 2024.

Skien Brygge
Skien Brygge is a large city development project in the city center of Skien,
where R8 Property owns 25% together with Bane NOR Eiendom (50%) and Skien
Boligbyggerlag (25%). Once finalized, Skien Brygge will house approximately 450
new appartments, approximately 600 new jobs, 5,000 sqm culture, F&B and retail
premises and 21,500 sqm public areas. The development is split into three
stages, where the first stage of 20,000 sqm BTA is ongoing.
 
For further information, please contact: 
 
Emil Eriksrød, CEO 
emil.eriksrod@r8property.no 
+47 415 22 463 
 
Eirik Engaas, CFO 
eirik.engaas@r8property.no 
+47 934 99 340 
 
 
Company in brief: R8 Property ASA is a full-service real estate company focused
on the development, ownership and
management of centrally located and sustainable commercial properties. 

Visit the company's website at r8property.no (http://www.r8property.no).

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange