Financial Investments consists of shares and financial assets and Orkla Eiendom (real estate).
Financial Investments has a total book value of approximately NOK 1.4 billion as at 31 December. As at 31 December 2016, Orkla’s share portfolio had a market value of NOK 0.1 billion.
As at 31 December 2016, Orkla’s real estate investments had a book value of NOK 1.3 billion. One third of these assets are industrial properties that are gradually being sold. The other two thirds consists of three real estate development projects, the largest of which is the construction of Orkla’s new head office.
Source: Orkla ASA Annual Report 2016
A sketch of Orkla’s new Group Center in Oslo, Norway which is planned to be completed in the beginning of 2019.