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Om linstow historie cover 01


Expansion and construction of a new part of the Origo shopping centre, completed spring 2020. Including indoor parking and offices, the property covers a total of 80,000 m2. Agreement on 50 % shareholding in Agnes Utvikling AS signed, spring 2020.


Expansion of the Ülemiste shopping centre in Tallinn completed in mid-2019. The centre covers 125,000 m2 including parking, with 230 shops and 1850 parking spaces. The Expobygget at Flesland, next door to the airport, completed autumn 2019. Gustav Vigelands vei completed spring 2019 with 7 exclusive apartments after a demanding regulatory process, which started when the site was bought in 2000. Linstow invested in Helsehusene in Fredrikstad and increased its shareholding to 33% becoming the biggest shareholder.


Expansion of Hotel Lietuva in Vilnius with 165 new rooms completed in the autumn. Linstow bought the properties Damsgårdsveien 161-171 on Laksevåg. This is a future development project with massive potential for homes and shops thanks to its coastal location.


Comfort Hotel Bergen Airport at Flesland completed with 304 rooms. First building phase of Bergen Business Park.


Linstow bought the Koksa Eiendom (IT Fornebu) project in 1997, the former SAS and Braathens freight terminals, which were sold in their entirety in 2016. Linstow became a shareholder in Helsehusene in Fredrikstad at the end of the year, and is now the biggest shareholder.


Tower B in the Barcode series completed. 14 storeys high, containing 60 apartments with a shared roof terrace.


Expansion of the Ülemiste shopping centre with 46,000 m2 completed in October 2014. Linstow acquired Tollbugata 32 AS in September 2014. Linstow acquired Depotgata 22 AS in the spring of 2014, a construction project under development.


Linstow joined a major development project, Flesland Business Park in Bergen, with a 50% shareholding. The area to be developed is 200,000 m2 and will consist of hotel, shops and offices. The area is next door to the airport.


Linstow acquired Romerike Helsebygg at Lillestrøm. The property is 31,500 m2 including parking, and houses healthcare-related tenants, such as dentists, doctors, out of hours service, physiotherapy, etc. Brubakkveien 16 in Oslo was acquired the same year. The location is central in relation to Oslo Municipality’s plans for hubs. The property has massive potential for further development.


The DEG16-Braathen building in Bjørvika was completed, with 24,850 m2, 67 metres high and 17 storeys. The building was sold to Braathen Eiendom AS.


Linstow reached agreement with the Rezidor Hotel Group on the running of our 10 hotels in Tallinn, Riga, Vilnius, Kaunas, Klaipeda and St. Petersburg. The KLP building in Bjørvika was completed and sold to KLP Eiendom.


Hotel Sonya opened in October with 173 rooms, the other rooms were opened in Q1, 2010. The Visma building in the Barcode series in Bjørvika was completed in January 2009.


Hotel Neris in Kaunas, Lithuania was opened after renovation. The hotel has 208 rooms. Dunas, a 5-star holiday resort on the Algarve coast in Portugal was opened with 142 apartments and 10 villas.


The DEG8-Braathen building in the Bjørvika series was completed, with 16,300 m2, 46 metres high and 12 storeys. Linstow bought the Galleria Centrs shopping centre in the centre of Riga.


The properties here were renovated and further developed before being sold to the newly created real estate company in 2006; Norwegian Property.


SIA Varner Hakon Invest withdrew. Linstow acquired all the shares in the shopping center company and established a separate shopping center organization with an office in Riga, Linstow Center Management SIA (LCM). Today, LCM owns and manages three shopping centers, two in Riga city center and one in Tallinn. In addition, LCM manages three additional shopping centers in Riga, which were previously purchased and developed by Linstow, but later sold by the company.


Oslo S Utvikling (OSU) established. A joint project with Entra ASA, Bane NOR and Linstow. The area totals 900,000 m2, and will consist of offices, 1,900 apartments, shops, restaurants and cultural attractions. The biggest development project in Norway. 12 buildings will make up the Barcode series, built to various heights and designs.


In July 1999, the company was removed from the stock exchange and has since then been a wholly owned subsidiary of the Awilhelmsen Group. The name was later changed to Linstow.


In February, the merger between Linstow and Nydalen's Compagnie was completed. After the merger, Linstow Eiendom ASA was Norway's second largest listed real estate company.


Linstow started its investment in the Baltic region with the acquisition and development of the former Soviet-owned Intourist hotels Latvija in Riga and Lietuva in Vilnius. In the same year, Linstow AS initiated a collaboration with SIA Varner Hakon Invest on the purchase and development of shopping centers in central areas in and around Riga. Linstow's ownership was 50% and the shopping center business was up and running. The first center the company bought had a mix of local and Norwegian stores. This was a success and the company acquired several centrally located centers over the next few years.


Linstow acquired Eiendomsselskapet Aker Brygge in AS in late 1995, completing the merger in February 1996. The Ibsen quarter was completed in August 1996. 32,000 m2 in 3 buildings. The project was sold in 1993. Linstow bought the neighbouring site to Drammensvein 213, and built a new 9,000 m2 building. The new building was linked to the existing one, which was totally renovated.


Linstow bought Grønland Parkering. This parking garage stands next to Linstow’s other parking garages, and is run by P-Hus Drift AS, a wholly-owned subsidiary of Linstow.


Norefjell Hotell and Skianlegg was renovated and expanded, with new conference facilities. The ski facilities were significantly upgraded.


Linstow was created to help solve the problem commitments Sparebanken NOR had taken over in the wake of the many bankruptcies and defaulted loans as a result of the financial crisis at the end of the eighties.