# Oslo office lease norms

> Norwegian double-net structure: tenant pays felleskostnader (operating costs) and indexed annual reviews (KPI / CPI).

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

## TL;DR
- Typical lease length: 7 years.
- Typical rent-free: 8 months.
- Vacancy: 6.4%; trend rising.
- Norwegian double-net structure: tenant pays felleskostnader (operating costs) and indexed annual reviews (KPI / CPI).

## Key facts
- **city**: Oslo
- **country**: Norway
- **region**: EMEA
- **classARentLocal**: NOK 540/sqm/yr · ≈ $50.2 PSF/yr USD
- **classARentUsd**: $50/sqft/yr
- **vacancy**: 6.4%
- **typicalLeaseYears**: 7
- **typicalRentFreeMonths**: 8
- **submarkets**: 5
- **primeYieldPct**: 4.6%

## FAQ
### What's a typical lease term in Oslo?
7 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.

### How is rent quoted in Oslo?
In NOK/sqft/year. We also publish a USD-normalised view ($50/sqft/yr) for cross-market comparison.

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