{"id":24565,"date":"2025-05-26T18:23:19","date_gmt":"2025-05-26T16:23:19","guid":{"rendered":"https:\/\/www.hjort.no\/?p=24565"},"modified":"2025-05-26T18:23:19","modified_gmt":"2025-05-26T16:23:19","slug":"inter-generational-transfers-and-commercial-real-estate-what-will-happen-to-the-property-business","status":"publish","type":"post","link":"https:\/\/www.hjort.no\/en\/inter-generational-transfers-and-commercial-real-estate-what-will-happen-to-the-property-business\/","title":{"rendered":"Inter-Generational Transfers and Commercial Real Estate: What Will Happen to the Property Business?"},"content":{"rendered":"<p>A process of this nature requires careful consideration, and various alternatives for inter-generational transfers must be evaluated. Below, we outline the main models for carrying out inter-generational transfers and highlight key issues that should be critically assessed in this context.<\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"lead\">Many family-owned enterprises hold significant value in commercial real estate. These may be properties that have been in the family for generations or have been developed by the most recent generation. At some point, the owner must consider whether the business should be transferred to the next generation or realized through a sale.<\/p>\n","protected":false},"author":7,"featured_media":12805,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42,45],"tags":[968,957,962,959,956,967,961,958,966,948,969,964,960,963,965],"class_list":["post-24565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-law","category-private-law","tag-business-succession-norway","tag-commercial-real-estate","tag-family-agreements","tag-family-owned-property","tag-inter-generational-transfers","tag-legal-advice-real-estate","tag-norwegian-inheritance-law","tag-property-business-succession","tag-property-inheritance-norway","tag-real-estate-law-norway","tag-real-estate-lawyers-norway","tag-real-estate-succession","tag-succession-planning","tag-tax-implications-property-transfer","tag-transferring-commercial-property"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Inter-Generational Transfers and Commercial Real Estate: What Will Happen to the Property Business? - Hjort<\/title>\n<meta name=\"description\" content=\"Plan successful inter-generational transfers of commercial real estate in Norway. Learn about legal strategies, family agreements, tax implications, and succession planning for family-owned property businesses from leading Norwegian real estate lawyers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hjort.no\/en\/inter-generational-transfers-and-commercial-real-estate-what-will-happen-to-the-property-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inter-Generational Transfers and Commercial Real Estate: What Will Happen to the Property Business? - Hjort\" \/>\n<meta property=\"og:description\" content=\"Plan successful inter-generational transfers of commercial real estate in Norway. Learn about legal strategies, family agreements, tax implications, and succession planning for family-owned property businesses from leading Norwegian real estate lawyers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hjort.no\/en\/inter-generational-transfers-and-commercial-real-estate-what-will-happen-to-the-property-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Hjort\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-26T16:23:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hjort.no\/wp-content\/uploads\/3V9A8822-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aisha Rana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aisha Rana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.hjort.no\\\/en\\\/inter-generational-transfers-and-commercial-real-estate-what-will-happen-to-the-property-business\\\/\",\"url\":\"https:\\\/\\\/www.hjort.no\\\/en\\\/inter-generational-transfers-and-commercial-real-estate-what-will-happen-to-the-property-business\\\/\",\"name\":\"Inter-Generational Transfers and Commercial Real Estate: What Will Happen to the Property Business? - Hjort\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.hjort.no\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.hjort.no\\\/en\\\/inter-generational-transfers-and-commercial-real-estate-what-will-happen-to-the-property-business\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.hjort.no\\\/en\\\/inter-generational-transfers-and-commercial-real-estate-what-will-happen-to-the-property-business\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.hjort.no\\\/wp-content\\\/uploads\\\/3V9A8822-scaled.jpg\",\"datePublished\":\"2025-05-26T16:23:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.hjort.no\\\/#\\\/schema\\\/person\\\/11564fff49d72268fab64b243298b7d5\"},\"description\":\"Plan successful inter-generational transfers of commercial real estate in Norway. 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