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Arne Fredly – “Like Uncle Skrue”: Billionaire strikes back

A couple of Olympic javelin throws away from the old airport at Fornebu in Bærum, is a huge luxury property called Munkebakken.

It belongs to billionaire and investor Arne Fredly (56). A several hundred meter long shoreline runs through the property, which is now the core of a heated dispute between the locals and the billionaire.

Local newspaper Budstikka discussed the matter first.


BILLIONARDS: Arne Fredly usually lives in Monaco, but will use Munkebakken as a holiday home. Now he has put up signs that say “private property” in Chinese and nine other languages. Photo: Øistein Norum Monsen / Dagbladet
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– Like Uncle Screw

The area is popular with joggers and walkers. Many now react strongly to the signs that meet them when they are out for a walk, according to Budstikka.

One sign states that the coastal path is accessible to the public. However, Fredly has set up a separate sign, which does not exactly invite for walking.

The sign in question reads “private property” in Chinese and nine other languages.

– This is a joke. It looks like Uncle Skrue’s signs on the lawn outside the money bin, a tipper tells the newspaper.

SIGNS: Billionaire Arne Fredly has put up signs stating private property in Chinese and nine other languages.  Photo: Nina Hansen / Dagbladet

SIGNS: Billionaire Arne Fredly has put up signs that say private property in Chinese and nine other languages. Photo: Nina Hansen / Dagbladet
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Strikes back

Fredly himself dismisses the criticism to the newspaper and maintains that the coastal path is neither owned by the municipality nor the state. It is he himself who has voluntarily offered the opportunity to travel, but now the cup is clean as a result of the hikers’ repeated breaches of the rules.

According to Fredly, the signs are aimed at the foreign hotel guests at Fornebu. The billionaire claims he experiences Japanese people who think the property is a sculpture park, people who set up tents, barbecues and play with dogs on the property.

– In one case, a German Shepherd dog came jumping on my niece’s two-year-old so that she was scratched a little in the face, the investor tells the newspaper.

– Is allowed

Eilev Gunleiksrud, head of department for park, agriculture, nature and cultural protection in Bærum municipality, confirms that Fredly and Nature and Sports about 15 years ago “had a good dialogue which led to Fredly inserting the gates and marking the coastal path through his property”.

The National Heritage Board’s conclusion at the time was that the property down to the beach zone can be counted as infield.

– Landowners are allowed to refuse people to walk on their property when it is considered infield, cf. the Outdoor Activities Act § 3 and when people do not practice good traffic culture, cf. the Outdoor Activities Act §§ 11, 15 and 16, Gunleiksrud writes to Børsen.

He adds:

– The municipality has resumed the dialogue with Fredly, where we hope to agree on measures that can channel people along the beach zone in a way that allows the owner to avoid people getting around houses and gardens.

LUXURY: Arne Fredly sold Munkebakken to Kjell Inge Røkke for 175 million in 2007, but is said to have regretted it and bought the property back for 200 million, a few months later.  Here the property is pictured in 2003. Photo: Henning Lillegård / Dagbladet

LUXURY: Arne Fredly sold Munkebakken to Kjell Inge Røkke for 175 million in 2007, but is said to have regretted it and bought the property back for 200 million, a few months later. Here the property is pictured in 2003. Photo: Henning Lillegård / Dagbladet
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Norway’s most expensive

The investor profile has 2,000 square meters of bolt space in the main house, which is located on a 77-acre plot. He is said to have bought Munkebakken for NOK 200 million in 2007. It was in its time, according to Finansavisen, Norway’s most expensive home.

The mayor’s son from Molde has a fortune of 3.8 billion kroner, according to Capital.

Børsen has not succeeded in contacting Arne Fredly.

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