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1.3.2023 09:00:01 CET | Entra ASA | Additional regulated information required to be disclosed under the laws of a member state
Entra has sold the property Grønland 32 in Drammen for NOK 335 million, which is approximately 18 % above book values as of 31 December 2022.
The transaction is 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 transaction close on 1 March 2023.
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, Trondheim and Stavanger. 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