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28 May 2012

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Norwegian Property faces 2009 with new chairman Hermansen, re-cast board

The largest listed property company in Scandinavia, the three-year old Norwegian Property, is poised to enter a new phase after an internal shareholder struggle succeeded in bringing about a change in management late last year. On 19 December, an extraordinary shareholders' meeting demanded by the main equity owners appointed Tormod Hermansen as new chairman.

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