ARTICLES TAGGED WITH "Entra"

Entra Divests Two Properties for NOK 1.5 billion

Norway Norway — Entra has sold the properties Akersgata 51 and Tordenskioldsgate 6 in Oslo for a total transaction value of NOK 1.473 billion, which is approximately one per cent below book values as of 31 March 2023.

Entra Aims for Further Sales Despite the Slow Market

Norway Norway — Entra, where Balder and Castellum are major owners, has now sold properties for SEK 2.3 billion, a little more than a third of the sales target of SEK 5.5 to 6 billion. In connection with the presentation of the Q1 report, CEO Sonja Horn commented more on how the divestment work is going in the challenging transaction market and explained why the vacancy rate increased during the first quarter.

Castellum Will Be Net Sellers in 2023

Sweden Sweden — When the Q4 report was released, it was unclear from Castellum's side whether they would be net sellers or net buyers in 2023 – but after the Q1 report released on Wednesday, it is now clear that they will be net sellers. The Entra holding is not for sale according to the company, and CEO Joacim Sjöberg tells Nordic Property News how they see the sales potential in the rest of their extensive portfolio.

Entra Signs Lease Contract with Oslo Municipality

Norway Norway — Entra has signed a new lease contract with the Municipality of Oslo.

Entra Divests Property in Drammen

Norway Norway — Entra has sold the property Grønland 32 in Drammen for NOK 335 million, which is approximately 18 percent above book values.

Entra Signs New Lease with NRK

Norway Norway — Entra has signed a lease contract with NRK for new media house in new-build project in Trondheim.

How Entra Will Act After the NOK 1.9 Billion Divestment

Norway Norway — Entra’s CEO Sonja Horn: “The changing market conditions have also made us more cautious and focused on strengthening our balance sheet.”

Capman Acquires a Centrally Located Office Property in Oslo from Entra

Norway Norway — The Capman Nordic Real Estate III Fund has agreed to acquire Sørkedalsveien 6, an office property located in Majorstuen, Oslo city centre from Entra. The property, immediately located in the second largest public transport hub in the area, has altogether 19,300 sqm of space spread over 18 floors above ground and two below.

Castellum Ready for Big Shift in its Transaction Strategy

Sweden Sweden — Castellum's CEO Rutger Arnhult announces that Castellum has recently changed its transaction strategy and will start taking steps that it "normally doesn't do". Here he tells more about the assets that may be sold, the view on the holding in Entra and if he can see himself increasing his holdings in Castellum in the future.

“In the Short Term Entra Is Fully Invested”

Norway Norway — Entra’s CEO Sonja Horn tells Nordic Property News about the Norwegian investment market, why we see a limited number of transactions in Q3, and reasons behind the strong rental income figures.

Sonja Horn: "The Rental Market is Very Strong"

Norway Norway — The CEO of Entra tells Nordic Property News how she views the company's performance so far this year and what we can expect from them during the second part of 2022.

The Major Investment Challenges Ahead for Entra

Norway Norway — CEO Sonja Horn: “We haven’t seen the effects of the increased construction costs yet.”

After the Active 2021: Here Are Entra’s Future Strategic Areas

Norway Norway — Sonja Horn, CEO of Entra, on the Q4 results, the plans for the current portfolio, and the requirements from the office tenants in a post covid environment.

Entra Signs Lease Contract in Trondheim

Norway Norway — Entra has signed new lease contracts with Telenor and Famille and renewed the contract with Sjømat Norge for a total of 3,260 sqm in Brattørkaia 13 (Tollboden) in Trondheim.

Entra’s CEO on the New Stavanger Strategy

Norway Norway — Sonja Horn, CEO of Entra: “Our presence in Stavanger has been relatively small and we found this new set-up and structure attractive.”

Entra Makes Major Stavanger Sale

Norway Norway — Entra has entered into an agreement to divest a major part of its Stavanger portfolio to SVG Property AS.

Entra Signs Lease in Bergen

Norway Norway — New lease contract for Entra in Nygårdsgaten 91-93 in Bergen.

“Oslo Areal Has Been on Our Target List for Many Years”

Norway Norway — Entra’s CEO Sonja Horn on the major acquisition of Oslo Areal’s portfolio; why it is a perfect match, the input from the major owner Balder, and the increased attractiveness for Entra as a company.

Oslo Areal Sold to Entra for over NOK 13 Billion

Norway Norway — Entra has entered into a binding agreement with Gjensidige Forsikring and AMF Pensionsförsäkring to acquire 100 percent of the shares in Oslo Areal for approximately NOK 13.55 billion.

The Entra Board Makes Two Recommendations Regarding Balder Offer

Norway Norway — The Board of Entra has reviewed the mandatory offer from Balder and considered factors that the board deems material and relevant for the assessment of whether the offer should be accepted by the shareholders of Entra.

Balder's Offer Price for Entra: NOK 202.50

Norway Norway — Balder is launching a mandatory offer to acquire all the shares in Entra that are not already owned by Balder.

Entra Signs Lease in Oslo

Norway Norway — Entra has signed a new 10 year lease contract with Rebel U2 AS for 2,650 sqm in St. Olavs plass 5 at Tullin in Oslo.

Entra Signs New Lease in Oslo

Norway Norway — Norwegian Entra, with Swedish Balder and Castellum as largest owners, signs new lease.

Why Entra’s Property Value Skyrocketed

Norway Norway — Entra’s CEO Sonja Horn on the Q3 results, the successful renegotiated contracts, and the office comeback in Oslo.

“We Have a Good Dialogue with Our Major Shareholders”

Norway Norway — Entra’s CEO Sonja Horn on the mandatory offer from Balder.