Agreement for hotel rehabilitation in Stavanger

HENT AS, a subsidiary of Sentia ASA, has signed an agreement with Klubbgt 3 AS, part of Calmar Gruppen, for the rehabilitation and conversion of Klubbgata 3 in Stavanger into a hotel.

The agreement follows a completed project development phase between the parties. The project includes the conversion and rehabilitation of the existing building into a hotel, which will be operated by BREEZE Hotels.

-We are very pleased to have successfully completed the project development phase and look forward to starting the construction phase together with Klubbgt 3 AS. Rehabilitation and transformation of existing buildings is an important market for HENT, and we look forward to contributing to the development of a new hotel in central Stavanger, says Jan Jahren, CEO of Sentia.

The contract value is approximately MNOK 156 incl. VAT. Construction will commence in September 2026 and is scheduled for completion in September 2027.

For further information:
May Helen Dahlstrø, Interim EVP Finance & CFO, tel. +47 911 36 456
Iven O. Jebsen, EVP Communications, tel. +47 901 54 838