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[BUSINESS] · Norway · 2 sources

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Munch-Thore's Bygdøy Villa Sale Stalled by Neighbor Dig

Financier Alexander Munch-Thore, known for helping rescue Norwegian airline Norwegian during the pandemic, is attempting to sell his 1915 Bygdøy villa for the third time at a price of NOK 52 million. The 564‑square‑metre property, which includes a summer house, a sunken pool and a three‑car garage, has attracted media attention because a dispute with a neighbour has complicated the sale.

Munch-Thore alleges that the contractor Nordiska Byggporten, operating on the adjacent plot owned by Borgenhaugen Utvikling, excavated a vertical, unsecured drop 6–7 metres deep that encroached 8–10 square metres onto his 1,841‑square‑metre lot. He says the hole is hidden behind a hedge and that the neighbour’s work threatens the value and marketability of his home. The dispute has led to a police report and involvement of lawyers. The neighbour plans to build two new houses on the former tennis‑court site.

Munch-Thore told E24, “You couldn’t make it up,” describing the situation as “like a detective novel” rather than a murder mystery. The ongoing legal and construction conflict remains a key obstacle to completing the villa’s sale.

Entities

Alexander Munch-Thore · Borgenhaugen Utvikling · Bygdøy · Millie Cathrine Ottesen · Nordiska Byggporten