Solon Eiendom ASA : Sales in Q4 2017


Oslo, January 2, 2018 - Solon Eiendom sold 11 homes with a total sales value of NOK 113 million during the fourth quarter of 2017 compared to 35 homes with a total sales value of NOK 323 million in the fourth quarter of 2016.

YTD 2017 Solon Eiendom has sold 160 homes with a total sales value of NOK 1 390 million compared to 146 homes with a total sales value of NOK 976 million in 2016.

As such, 2017 was all time high in terms of sales for the company.  At year-end 91% of the 145 planned deliveries in 2018 have already been sold.

In Q4 2017, 49 homes were completed and delivered.

The company had 260 units under construction at December 31, 2017.

For further information, please contact:

Andreas Martinussen, Chief Executive Officer, Solon Eiendom ASA
Tel:     +47 400 00 405, email:    am@soloneiendom.no

Scott Danielsen, Chief Financial Officer, Solon Eiendom ASA
Tel:     +47 952 55 620, email:  sd@soloneiendom.no

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


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