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Selling property

Kongsberg Gruppen has started negotiations about sale of parts of the properties within Kongsberg Næringspark, Kongsberg. The properties have a rental area of 35.000 square meters with an annual rent of appr. MNOK 25. 38 % of the properties are in use by the Group`s own companies, while 62% is rented out to external tenants. "The reason for this sale is to release capital for further investments within the core businesses of the corporation - Maritime and Defence, says CEO Jan Erik Korssjøen.