Faktor Eiendom is a Norwegian

Norway

Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

 construction

Construction

In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...

 company that is engaged in building residential and recreational house

House

A house is a building or structure that has the ability to be occupied for dwelling by human beings or other creatures. The term house includes many kinds of different dwellings ranging from rudimentary huts of nomadic tribes to free standing individual structures...

s, factory production of low-cost housing (e.g student flats) and managing hotel and resorts.
Faktor Eiendom experienced serious liquidity problems in 2010 which resulted in DnB NOR

DnB NOR

DNB ASA is Norway's largest financial services group with total combined assets of more than NOK 2.0 trillion and a market capitalisation NOK 102 billion as per December the 31st. The Group includes brands such as DNB, Vital, Nordlandsbanken, Cresco, Postbanken, DnB NORD and Carlson...

converting NOK 250 million of debt into equity and taking 30.7% ownership of the company.
After taking office in Q4 2010, CEO Per Gunnar Rymer has turned the strategy of the company towards real-estate development and factory production of houses and flats.