22.12.2023 13:02:53 CET | Entra ASA | Additional regulated information required
to be disclosed under the laws of a member state
Entra has sold the two properties in Cort Adelers gate 30 in Oslo and the
property Marken 37 in Bergen for a total of NOK 1,020 million, which is 3.5 %
below book values.
The transactions are in accordance with Entra's strategy to focus the portfolio
on large, flexible office buildings close to public transportation hubs and to
divest non-core assets. The proceeds will be used to strengthen Entra's balance
sheet.
The transactions will close in January 2024.
DISCLOSURE REGULATION
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Anders Olstad, CFO, +47 900 22 559, ao@entra.no
ABOUT ENTRA ASA
Entra is a leading owner, manager and developer of office properties in Norway.
Entra owns and manages around 100 properties totalling approximately 1.6 million
square meters, located in Oslo and the surrounding region, Bergen 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/16126567/2827/3940/Download%20announcement
%20as%20PDF.pdf