Sale of property in Bergen

1.2.2021 11:45:58 CET | Entra ASA | Additional regulated information required to
be disclosed under the laws of a member state

Entra has sold the property Tollbodallmenningen 2A in Bergen for NOK 40 million,
representing a premium of 13 % compared to book values as of 30 September. The
transaction is structured as a sale of shares in Tollbodallmenningen 2A AS, and
the buyer is Rasmussen Eiendom.

"The property, though unique, is not considered strategic for Entra, and the
divestment will free up capacity for Entra's other projects and properties in
Bergen " said Sonja Horn, Entra's CEO.

Closing will take place today, 1 February 2021.





DISCLAIMER

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Anders Olstad, CFO, +47 90022559, ao@entra.no

ABOUT ENTRA ASA

Entra is a leading owner, manager and developer of office properties in Norway.
Entra owns and manages around 90 buildings totalling approximately 1.3 million
square meters, located in Oslo and the surrounding region, Bergen, Stavanger and
Trondheim. Entra has a solid customer portfolio with a high proportion of public
tenants. The company's strategy is focused on delivering profitable growth, high
customer satisfaction and environmental leadership

ATTACHMENTS

* Download announcement as PDF.pdf
[https://kommunikasjon.ntb.no/ir-files/16126567/285/331/Download%20announceme
nt%20as%20PDF.pdf]