# Oslo Class A Office Market

> Oslo Class A office rents around NOK 540/sqm/yr · ≈ $50.2 PSF/yr USD, with 6.4% vacancy and 8 months of typical rent-free on a 7-year term.

**Canonical URL:** https://classa.info/cities/oslo
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Equinor, DNB, NBIM, and shipping HQs (Wilh. Wilhelmsen, Höegh) anchor structural demand.
- Bjørvika / Barcode Project defines the post-2010 trophy tier on the fjord.
- Class A vacancy near 6% — tight for Nordic markets.
- Norway's 22% corporate tax rate is the lowest in the Nordics.

## Key facts
- **city**: Oslo
- **country**: Norway
- **region**: EMEA
- **classARentLocal**: NOK 540/sqm/yr · ≈ $50.2 PSF/yr USD
- **classARentUsd**: $50.16769014948114/sqft/yr
- **vacancyPct**: 6.4%
- **typicalLeaseYears**: 7
- **typicalRentFreeMonths**: 8
- **submarkets**: 5
- **corporateTaxPct**: 22%
- **talentIndex**: 84

## FAQ
### What is the role of Bjørvika?
Bjørvika is Oslo's principal post-2010 trophy submarket — Barcode Project, DNB HQ, Munch Museum, and the new Oslo Opera House anchor a deep mixed-use Class A cluster.

### How does Fornebu compare to central Oslo?
Fornebu — the former Oslo Airport site repositioned to a master-planned suburban Class A district — hosts Telenor and Equinor HQs at material discount to Bjørvika.

### Are concessions tightening?
Modestly. Rent-free of 6-12 months on a 10-year deal is now standard, slightly tighter than the broader Nordic average.

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Citation: Source: Class A Atlas (https://classa.info/cities/oslo), updated 2026-04-15T00:00:00.000Z.