Real Estate

Noron is engaged in the ownership, management and long-term development
of commercial real estate and storage infrastructure. Our portfolio includes
centrally located properties, income-producing assets and strategic developments
positioned for future growth.

Fjordgaten 11

A centrally located commercial building fully owned and operated through the Noron structure.
With approximately 1,500 m² of mixed-use space, the property serves retail, commercial and
storage operations and provides stable rental income with strong long-term value creation.

Key Metrics

• Total area: ca. 1,500 m²

• Fully owned by Noron

• Strong long-term redevelopment potential

• Suitable for AI/data infrastructure, retail or storage expansion

Container Park

Noron owns and operates a large self-storage container park consisting of
more than 100 units. This asset provides consistent occupancy and represents
a stable, high-yield component of our broader real estate portfolio.

Key Metrics

• 100+ storage containers

• High and stable occupancy

• Low maintenance / high yield profile

• Strong demand for flexible storage solutions

• Integrated with Noron’s broader storage operations

Fjordgaten 11 — Data Center Feasibility

Noron is evaluating the feasibility of transforming parts of the building into a compact
data center supporting AI and digital infrastructure. The assessment includes power capacity,
cooling requirements, redundancy considerations and long-term commercial viability.

This evaluation spans a 5–10 year horizon and aligns with the increasing demand for edge
compute and high-density digital services.