Nordics - Norway

1

Real estate

Wikborg Rein

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With notable strength in cross-border mandates, Wikborg Rein attracts praise for its ‘excellent commercial understanding’ and ‘extensive’ transactional expertise. Lars Ulleberg Jensen oversees the team and has a strong track record in advising on transactions, fund structuring, lease agreements, and property developments for prominent investment banks and private equity clients. The ‘professional, extremely efficient, and creative’ Ingrid Høstmælingen is a key contact for large real estate transactions, lease agreements, and development projects, with significant emphasis on cross-border transactions. The group also includes a strong team of associates, including Håkon Lagesen, who advises international clients on project finance work, transactions, and lease agreements, and Erik Enger-Mår, who has significant experience in development projects.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Professionalism, solution-orientated, hardworking and always available on short notice.’

  • ‘Excellent commercial understanding.’

  • ‘I find the real estate team in Wikborg Rein to be hands-on, updated at all times and with the strong wish to contribute legally on point and at the same time practically on the matters at stake.’

  • ‘It is always a pleasure working with Ingrid K. Høstmælingen. It is always easy to work with her. She has the gift of explaining and seeing complicated issues in an educational and constructive way, and she brings to the table in negotiations the strong confidence that there are no problems that cannot be resolved amicably.’

  • ‘In all the transactions we have worked on, Wikborg has been very professional and knowledgeable. They have extensive experience in transactions.’

  • ‘Ingrid Høstmælingen is professional, extremely efficient, and creative, and has a inclusive way of working cases. She is always providing a high level of service.’

  • ‘Young and motivated team, but with plenty of experience. Partners are hands on and involvement crucial for all aspects of a transaction.’

  • ‘Great understanding of their client's different scope, needs and materiality limits as well as the opposite party's behaviours.’

Key clients

  • DNB Liv
  • Entra
  • Colliers Project Finance
  • Viken County
  • DEAS Asset Management
  • Tristan Capital
  • Industrifinans
  • Clarksons
  • NREP
  • Union Gruppen
  • Carnegie
  • Malling Investments
  • Anvil Asset Advisors
  • Vestaksen Eiendom
  • NorgesGruppen

Work highlights

  • Assisted the shareholders in Bo Coliving AS in connection with the sale of the shares in Bo Coliving AS to the US real estate investment and management company Heitman for approx. NOK1.8bn.
  • Assisted NREP with the acquisition of the properties Akersgata 51 og Tordenskioldsgate 6 i Oslo from Entra ASA for approx. NOK1.5bn.
  • Assisted a JV between Telenor, Hafslund, HitecVision and Analysys Mason with the purchase of Østre Aker vei 24C for the purpose of constructing a high security data centre for critical infrastructure.

Lawyers

Leading individuals

Lars Ulleberg Jensen

Lars Ulleberg Jensen

Wikborg Rein

Lars Ulleberg Jensen is a Partner at Wikborg Rein's Oslo office, and is part of the firm's Commercial Property practice. He primarily works with transactions, lease agreements, property development, and other assistance to property owners. Ulleberg Jensen advises both to traditional property companies and financial players, and has significant experience in assisting clients within i.a. syndications/project financing, private equity, and foreign investors in the Norwegian market. Ulleberg Jensen previously worked as a Senior Lawyer in Advokatfirmaet Thommessen, and he is co-author of the Report on Cross Border Insolvency delivered to the Ministry of Justice. He has also been a lecturer in property law at the University of Oslo, and holds lectures for the real estate industry on a regular basis.

Next Generation Partners

Ingrid K. Høstmælingen

Ingrid K. Høstmælingen

Wikborg Rein

Ingrid is head of the firm's Commercial Property practice. She assists both operational and institutional players and has in the recent years also provided assistance to international investors in the Norwegian property market. She advises clients on a wide range of real estate matters, including transactions, development, and leasing. With over 17 years of experience in the field, she has developed a deep understanding of the industry and the legal frameworks that govern it. "Ingrid Høstmælingen stands out as always available, accommodating, experienced, flexible/creative and solution-oriented. She always contributes positively to a deal, irrespective of whether she represents you or your counterparty." Legal 500 (2023) Ingrid is frequently used as a lecturer, including for Norwegian Real Estate Agents/Forum for Commercial Brokers, the Norwegian Bar Association etc.

Practice head

The lawyer(s) leading their teams.

Lars Ulleberg Jensen

Other key lawyers

Ingrid Høstmælingen, Håkon Lagesen, Erik Enger-Mår

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