Entra has acquired the property Lars Hilles gate 19 in Bergen for a property value of NOK 298 million. The asset is located next to Media City Bergen and Entra’s project developments in Nygårdsgaten 91-93 and Lars Hilles gate 25. The asset is a 5,900 sqm office property and the average lease contract duration is 5,4 years with an attractive tenant mix.
"The property is a natural add-on to our existing portfolio, and we have a positive outlook on the property market in Bergen. We are therefore very pleased to further strengthen our position here" said Sonja Horn, Entra's CEO.
The transaction is expected to close June 22 2021.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
- Sonja Horn, CEO, + 47 905 68 456, email@example.com
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
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