How many Class A submarkets are in Oslo?

5, ranging from trophy (Bjørvika) down to established and emerging clusters.

Oslo has 5 distinct Class A submarkets we track, anchored by Bjørvika at the trophy tier.

5 submarkets covered.
Trophy tier: Bjørvika, Sentrum, Aker Brygge / Tjuvholmen.
Prime tier: Fornebu, Nydalen / Storo.
Established/emerging tier: —.

Oslo Class A submarkets

Oslo has 5 distinct Class A submarkets we track, anchored by Bjørvika at the trophy tier.

TL;DR

5 submarkets covered.
Trophy tier: Bjørvika, Sentrum, Aker Brygge / Tjuvholmen.
Prime tier: Fornebu, Nydalen / Storo.
Established/emerging tier: —.

By tier

**Bjørvika** (trophy, ~NOK 540/sqm/yr · ≈ $50.2 PSF/yr USD) — Fjord-front trophy district. **Sentrum** (trophy, ~NOK 510/sqm/yr · ≈ $47.4 PSF/yr USD) — Heritage CBD core. **Aker Brygge / Tjuvholmen** (trophy, ~NOK 528/sqm/yr · ≈ $49.1 PSF/yr USD) — Premium waterfront Class A. **Fornebu** (prime, ~NOK 420/sqm/yr · ≈ $39 PSF/yr USD) — Master-planned suburban trophy campus. **Nydalen / Storo** (prime, ~NOK 360/sqm/yr · ≈ $33.4 PSF/yr USD) — Repositioned northern district.

Key facts

city	Oslo
country	Norway
region	EMEA
classARentLocal	5400 NOK/sqft/yr
classARentUsd	$510/sqft/yr
vacancy	6.4%
typicalLeaseYears	7
typicalRentFreeMonths	8
submarkets	5
primeYieldPct	4.6%
trophyCount	3
primeCount	2

Frequently asked questions

How many Class A submarkets are in Oslo?: 5, ranging from trophy (Bjørvika) down to established and emerging clusters.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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