Bjørge Aarvold has been hired as Director Property Management in Norwegian Property. Norwegian Property will, as earlier communicated, insource the property management from 1 May 2011. Aarvold will be responsible for establishing and managing the new property managment organization. Norwegian Property's ambition is to establish the leading Norwegian property management organization, that will maintain the high quality of the property portfolio and secure high customer satisfaction.

 

Bjørge Aarvold is currently deputy COO in Norwegian Property. Aarvold has been in Norwegian Property since the company was established in May 2006, initially as consultant from PWC during the establishment phase and later as vice COO. He was responsible for implementing the outsourcing agreement with NEAS in 2008. Aarvold has many years experience as consultant from PricewaterhouseCoopers and Capgemini, in addition to experience from several positions within Finance and Administration. Bjørge Aarvold holds a bachelors degree from the Oslo Business School (BI).

 

"Bjørge Aarvold will have a key role when Norwegian Property now insources the Property Management. We have high ambitions for the new organization, and our long term target is to create the leading and most efficient Norwegian property management organization. The establishment of the management organization is part of our effort of developing Norwegian Property into a fully integrated property company, and is also essential in our efforts to create a competitive and sustainable return on equity to our owners."

 

For further information, please contact:

Olav Line, CEO, phone +47 48 25 41 49

 

www.norwegianproperty.no

www.npro.no

 
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)