We build ideals

Photo: Ida Bjørvik.

R8 Property ASA third quarter report 2021

Porsgrunn, Norway, 12 November 2021: Solid operational performance was reflected in net income from property management of NOK 15.7 million, corresponding to an improvement of approximately NOK 1 million from Q3 2020, adjusted for transactions in the period. The hotel industry is picking up following Covid-19 and reported strong occupancy.

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The new working day

The autumn passed quickly. It's November already, and Christmas preparations are fast approaching. In other words, we’ll soon be ending a year characterized by the pandemic, with all its challenges and possibilities - including the possibility of a more flexible working day.

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Slottsfjell Park (Illustration by Snøhetta)

One of the world's most sustainable quarters

We have an ambition of developing - probably - the world's very first Paris Proof quarter. A quarter which is 100% in line with the Paris Agreement, and which doesn' exist any other place in the world. The buildings will have climate neutral use of materials, as well as innovative technology from Orbit Technology, which optimize the use of office and meeting spaces. The park will also consist of a hotel and restaurants, and will be combined with rehabilitated buildings and a new Powerhouse.

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Photo: Ivar Kvaal

People Buildings Technology

Shaping environments that increase our capacity for health, happiness and productivity. Without hurting our planet.

About us

Powerhouse Telemark


One of the worlds' most energy efficient and spectacular buildings, designed by Snøhetta.

Explore Powerhouse Telemark

Work better. Anywhere.


Orbit transforms vacant space into satellites available to anyone, tearing down the access barrier.

Our approach

Build for people

Most people spend around 90% of their time indoors. We focus on people to create new concepts that help them achieve more.

Understand the context

A building is not an isolated product. It is a part of a larger context. We plan and build to sustain local communities where people and businesses flourish together.

Pioneer new technology

Technology can help us create better experiences for people and reduce our ecological footprint. We have our own technology department bent on exploring and inventing new solutions.

What's new?

Selected properties

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Photo: Ivar Kvaal
Photo: Ivar Kvaal