Sjlyst Utvikling AS is a Norwegian privately owned real estate development and investment company based in Oslo. The firm focuses on acquisition, development, management, and sale of residential, commercial, and retail properties. Its portfolio includes large-scale property assets, and it operates across the full real estate lifecycle from development to long-term asset management. The company was founded in the mid-1990s and is considered one of the established players in Norwegian property development. It also has interests in broader investment structures linked to retail and consumer-related holdings through associated group entities.