HAV Eiendom AS is a company that is responsible for the urban redevelopment of the Bjørvika

Bjørvika

Bjørvika is a neighborhood in the Sentrum borough of Oslo, Norway. The area is an inlet in the inner Oslofjord, situated between Gamlebyen and Akersness. It serves as an outlet for the river Akerselva. Since the 2000s, it has been undergoing urban redevelopment, being transformed from a container...

 area of Oslo

Oslo

Oslo is a municipality, as well as the capital and most populous city in Norway. As a municipality , it was established on 1 January 1838. Founded around 1048 by King Harald III of Norway, the city was largely destroyed by fire in 1624. The city was moved under the reign of Denmark–Norway's King...

, Norway

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...

. Owned by the Oslo Port Authority, the former owner of the Bjørvika area, the company's goal is to "participate in the urban development of the Bjørvika area through development, rental, management, purchase and sale of real estate in the Bjørvika area". The company was founded on 7 April 2003.

The company owns most of the real estate in Bjørvika, though parts have been sold to Statsbygg

Statsbygg

Statsbygg is a Norwegian government agency that manages central parts of the real estate portfolio of the Government of Norway. This includes 2.3 million square meters in 1,500 buildings, of which 115 are located abroad. The portfolio includes office buildings, heritage sites, campuses, operational...

 to build the Oslo Opera House

Oslo Opera House

The Oslo Opera House is the home of The Norwegian National Opera and Ballet, and the national opera theatre in Norway. The building is situated in the Bjørvika neighborhood of central Oslo, at the head of the Oslofjord. It is operated by Statsbygg, the government agency which manages property for...

. As of 2009, the company retains 15.6 hectares (38.5 acre) of land, and is able to develop 570000 square metres (681,714.3 sq yd) of real estate. This includes the possibility of 5,000 apartments, in addition to commercial buildings and several of the countries largest cultural institutions, including the Stenersen Museum

Stenersen Museum

The Stenersen Museum is an art museum in Oslo, Norway at Munkedamsveien 15.The museum shows both international and Norwegian art. The museum also houses three main art collections, donated to the Oslo municipality by Rolf E. Stenersen, Amaldus Nielsen's heirs, and Ludvig O. Ravensberg...

, the Munch Museum

Munch Museum

Munch Museum is an art museum in Oslo, Norway dedicated to the life and works of the Norwegian artist Edvard Munch.-Munch Museum:...

 and Oslo Public Library

Oslo Public Library

Oslo Public Library, formally known as the Deichman Library , is the municipal public library serving Oslo, Norway.It is the country's first and largest library. In addition to the main office, it has sixteen branches throughout the city. It also contains several that serve the whole country,...

. About 20,000 jobs will be located to Bjørvika. Most of the development will begin after 2010, when the Bjørvika Tunnel

Bjørvika Tunnel

The Bjørvika Tunnel is a motorway immersed tunnel on European Route E18 in the city center of Oslo, Norway. The tunnel has two bores, with three lanes in each...

 opens and the European Route E18

European route E18

European route E18 runs from Craigavon in the United Kingdom to Saint Petersburg in Russia, passing through Norway, Sweden, and Finland. It is about 1,890 km in length.-United Kingdom:...

 north of Bjørvika, including Bispelokket

Bispelokket

Bispelokket was a norwegian three-level stack interchange roundabout in Bjørvika, Oslo. European Route E18 and Norwegian National Road 162 jointed at this point, which also served as the official traffical centre of the city...

, is removed. The development of Sørengautstikkeren

Sørengautstikkeren

Sørengautstikkeren is a neighborhood in the borough Gamle Oslo in Oslo, Norway. It is an artificial peninsula that sticks out into the Oslofjord form Bjørvika and Sørenga. It is part of the Port of Oslo, but will be redeveloped as part of the Fjord City urban redevelopment program, after the...

, a peninsula that sticks out form Bjørvika, has been sold to a private company, Sørenga Utvikling.

Along with Oslo S Utvikling, that will develop real estate on property owned by the Norwegian State Railways in the north of Bjørvika, HAV Eiendom owns Bjørvika Utvikling. This company is responsible for overall planning and the development of infrastructure and public areas in Bjørvika.