Diamanten
Encyclopedia
Diamanten or Oksenøyveien 3 is an office building located at Fornebu
in Bærum
, Norway
. It was built in 1985 as the head office of the airline Braathens SAFE, and later became the head office of SAS Braathens
. From 1 April 2010, it is the head office of Norwegian Air Shuttle
.
. Diamanten was taken into use on 16 December 1985 and was officially opened in January 1986 by Minister of Transport and Communications
Johan J. Jacobsen. The building was expanded in 1997. After Scandinavian Airlines System
and Braathens merged to create SAS Braathens
, Diamanten became the new company's headquarters. From 2007, when SAS Braathens was merged into SAS, it became SAS' head office in Norway. SAS rented the building for NOK
1,300 per square meter per month, giving a rental cost of NOK 17.4 million in 2009. After SAS decided to reduce its Norwegian administration from 300 to 100 people, it chose to move out of Diamanten from February 2010.
On 24 February 2010, Norwegian Property announced that they had sold the building to HKB Invest, which is 84% owned by Bjørn Kjos
, the largest owner and CEO of Norwegian Air Shuttle. The building cost NOK 175 million, giving a yield
of 8%. At the same time, Norwegian Air Shuttle announced that they would move their head office from various offices at Fornebu to Diamanten. The rental agreement has a duration of ten years, with an option to extend for another five years and the right to purchase the building for the price paid by HKB Invest.
Fornebu
Fornebu is a peninsular area in the suburban municipality of Bærum in Norway, bordering western parts of Oslo.Oslo Airport, Fornebu served as the main airport for Oslo and the country since before WWII and until the evening of October 7, 1998, when it was closed down...
in Bærum
Bærum
is a municipality in Akershus county, Norway. The administrative centre of the municipality is the town of Sandvika. Bærum was established as a municipality on 1 January 1838. A suburb of Oslo, Bærum is located on the west coast of the city....
, Norway
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
. It was built in 1985 as the head office of the airline Braathens SAFE, and later became the head office of SAS Braathens
SAS Braathens
SAS Braathens was the name of Norway's largest airline, created by a merger between Scandinavian Airlines' Norwegian division and Braathens in 2004. On June 1, 2007, the airline was integrated into mainline SAS, and changed its name to SAS Scandinavian Airlines Norge...
. From 1 April 2010, it is the head office of Norwegian Air Shuttle
Norwegian Air Shuttle
Norwegian Air Shuttle ASA , trading as Norwegian, is the second-largest airline in Scandinavia. In 2010, it transported 13.0 million people. As of October 2011, Norwegian operates a total fleet of 62 aircraft; 17 Boeing 737-300s and 45 Boeing 737-800s...
.
Facilities
The building is 12900 square metres (15,428.3 sq yd), of which office space accounts for 10200 square metres (12,199.1 sq yd). It runs over three stories and has 177 parking spaces. It has a glass façade and is built in a postmodernist style, with the various annexes shaped like diamonds.History
When Braathens SAFE was informed they had to leave their rented offices at Ruseløkkveien 26, the company decided to build a new head office near Oslo Airport, FornebuOslo Airport, Fornebu
Oslo Airport, Fornebu was the main airport serving Oslo and Eastern Norway from 1 June 1939 to 7 October 1998. It was then replaced by Oslo Airport, Gardermoen and the area has since been redeveloped. The airport was located at Fornebu in Bærum, from the city center. Fornebu had two runways, one...
. Diamanten was taken into use on 16 December 1985 and was officially opened in January 1986 by Minister of Transport and Communications
Minister of Transport and Communications (Norway)
The Minister of Transport and Communications is a Councillor of State and Chief of the Norwegian Ministry of Transport and Communications. Since 20 October 2009, the position has been held by Magnhild Meltveit Kleppa of the Centre Party...
Johan J. Jacobsen. The building was expanded in 1997. After Scandinavian Airlines System
Scandinavian Airlines System
Scandinavian Airlines or SAS, previously Scandinavian Airlines System, is the flag carrier of Denmark, Norway and Sweden, and the largest airline in Scandinavia....
and Braathens merged to create SAS Braathens
SAS Braathens
SAS Braathens was the name of Norway's largest airline, created by a merger between Scandinavian Airlines' Norwegian division and Braathens in 2004. On June 1, 2007, the airline was integrated into mainline SAS, and changed its name to SAS Scandinavian Airlines Norge...
, Diamanten became the new company's headquarters. From 2007, when SAS Braathens was merged into SAS, it became SAS' head office in Norway. SAS rented the building for NOK
Norwegian krone
The krone is the currency of Norway and its dependent territories. The plural form is kroner . It is subdivided into 100 øre. The ISO 4217 code is NOK, although the common local abbreviation is kr. The name translates into English as "crown"...
1,300 per square meter per month, giving a rental cost of NOK 17.4 million in 2009. After SAS decided to reduce its Norwegian administration from 300 to 100 people, it chose to move out of Diamanten from February 2010.
On 24 February 2010, Norwegian Property announced that they had sold the building to HKB Invest, which is 84% owned by Bjørn Kjos
Bjørn Kjos
Bjørn Kjos is a Norwegian aviator, lawyer, author and businessperson. He is the largest owner and CEO of Norwegian Air Shuttle, Scandinavia's second largest airline.-Background:...
, the largest owner and CEO of Norwegian Air Shuttle. The building cost NOK 175 million, giving a yield
Yield (finance)
In finance, the term yield describes the amount in cash that returns to the owners of a security. Normally it does not include the price variations, at the difference of the total return...
of 8%. At the same time, Norwegian Air Shuttle announced that they would move their head office from various offices at Fornebu to Diamanten. The rental agreement has a duration of ten years, with an option to extend for another five years and the right to purchase the building for the price paid by HKB Invest.