4 commercial leases: Trondheim

Trondheim is the third-largest city in Norway, located in Trøndelag County. Nowadays, the population of the area is almost 200 thousand people. Historically being a trading port, a modern city of Trondheim is best-known for a well-developed educational, research, scientific and technological hub. It is also a cultural centre of the area. Commercial premises in Trondheim are occupied by companies and enterprises specializing in business management, IT and telecommunication services, oil and gas industry, electrical goods manufacturing, healthcare, and numerous other spheres. The commercial real estate market in Trondheim consists of several sectors: offices, retail premises, hotels, leisure properties, warehouses and logistics units, etc. Although the situation with transactions remains stable in all the segments, the office sector dominates the market in the city. Nowadays, the vacancy rate in this segment is about 10%. According to the analysis, the vacancy remains at the same level in the forecast period.

In Trondheim, both the leasing activity and investment situation is improving. The market is experiencing a robust construction and refurbishment activity which results in keeping the supply-demand level relatively stable although it would be right to mention that domestic investors are more interested in contributing to market development than the international ones. The least amount of the business premises are available for rent in the CBD of Trondheim, as well as in Moholt/Tunga areas. This situation can be explained by constant tenants’ demand for the appropriate workspace there. Regions which face less interest for commercial premises in Trondheim are Helmdal and Fossegrenda. Regarding the fees, commercial property rental in Trondheim is affordable. You will be expected to pay around EUR100 per sq.m. if renting a traditional work suite or about EUR150 per desk per month in a serviced office. The fees depend upon the location of the property, its size, facilities, etc. Modern venues that have only recently entered the market are more expensive than the refurbished ones in terms of rental pricing. Browse an extensive list of the commercial premises available for rent in Trondheim on our website. Pick the best venue for your business and rent it without any hustle. We offer free service for tenants, and the possibility to contact the landlord directly in case more detailed information is required.

Although Trondheim is not a very large city on the European scale, its significance in the local economy is unrivalled. Thanks to a broad student community, the city is often called a centre of education, tech innovations, business meetings, etc. Trondheim is a popular shopping, cultural, and recreational hub. Regardless of your preferences, there is always a chance to find some exciting places to visit and things to do there.