ML33 Holding AS – Information from the company

14 Nov 2022 18:11 CET

ML33 Holding AS (“ML33” or the “Company”) has through the fall of 2022 engaged
in contract negotiations with Equinor ASA (“Equinor”) concerning a renewal of
its office lease at Martin Linges Vei 33. The Company is pleased to announce it
has reached an agreement with Equinor for a lease renewal (the “Lease Renewal”).
The main terms of the Lease Renewal is a tenor extension equivalent of approx. 5
years to 15 years (WAULT post renegotiation of >11 years), a reduction of leased
area to around 44,700 square meters from 67,000 square meters, and a one off
payment compensate for the reduced payment obligation for Equinor due to reduced
rental area and adjustment of rent to market levels.

For queries, please contact arem@arctic.com.


Source

ML 33 Holding AS

Provider

Oslo Børs Newspoint

Company Name

ML 33 Holding AS 16/21 5,50%

ISIN

NO0010768492

Market

Oslo Børs