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ARTICLES TAGGED WITH "Entra"

Entra Acquires Oslo Hotel

Norway — Entra will acquire Hotel Savoy located in the Tullin quarter in Oslo for NOK 185 million.

Entra Acquires Property in Bergen

Norway — Entra has acquired the property Lars Hilles gate 19 in Bergen for a property value of NOK 298 million.

With Two Swedish Main Owners: Here Are Entra’s Future Targets

Norway — Entra’s CEO Sonja Horn on the closing of the major acquisition in Oslo, investment targets going forward, and the close dialogue with the Swedish main owner and whether that is affecting the business strategy.

Castellum Acquires SBB's Entra Stake for NOK 3.14 billion: "Interesting Opportunity"

Norway — After the unsuccessful bidding war last winter, Castellum continues to take a new step in Entra and buys SBB's share in the company for NOK 3.14 billion. CEO Henrik Saxborn tells Nordic Property News about the deal and gives his view on Entra's status.

Entra's Helsfyr Acquisition Complete

Norway — In early May, Entra informed that they were in exclusive negotiations to acquire Fyrstikkalléen 1 at Helsfyr in Oslo. Entra has now signed an agreement to acquire the property for NOK 2.4 billion.

Balder Increases Entra Holdings – Here Are the Future Plans for the Company

Norway — Balder has increased its holdings in Norwegian Entra from 25 to 32.7 percent. CEO Erik Selin comments on Balder’s future plans for their Entra holdings.

“We Have Significant Muscles to Grow the Portfolio Further”

Norway — Entra’s CEO Sonja Horn on the current negotiations of the EUR 230 million asset, and the investment strategy, going forward.

Entra in Negotiations to Make Major Acquisition

Norway — Entra is in exclusive negotiations to acquire the property Fyrstikkalléen 1 for approximately NOK 2.3 billion (app. EUR 230 million).

Entra Is Looking Forward – with the Swedish Owners

Norway — Entra’s CEO Sonja Horn on the Q1 results for 2021, the dialogue with the new Swedish major shareholders, and how the Norwegian transaction market is performing at the moment.

Entra Sells Stake of Stavanger Property

Norway — Entra has sold 50 percent of the property Nytorget 1 in Stavanger to Hinna Park Eiendom AS for a total asset value of NOK 92 million.

Oslo Areal Sells in Stavanger

Norway — Oslo Areal sells Stavanger property to Camar and Entra JV.

SBB New Major Owner in Heba

Sweden — SBB acquires B shares in Heba Fastighets AB and now owns 20.6 percent of the capital and 11 percent of the votes in the listed residential company.

The Battle for Entra – From Start to Finish

Nordic — Not since Erling Braut Haaland was set to leave Red Bull Salzburg for a bigger European club has the interest been as high for a Norwegian player. A bidding war for the Entra shares broke out between Castellum and SBB – with Balder taking a corner position. After months of twists and turns both the Swedish giants withdrew their offers. Nordic Property News sets the timeline for the battle.

SBB Leaves Entra Bid – Castellum Increases Its Holding

Norway — Castellum has acquired 2,298,504 shares in Entra. The other bidder, SBB, throws in the towel.

Entra in Lease Agreement in Trondheim

Norway — Entra has signed new lease contracts with Volue and WSP for a total of 4,100 sqm in a new-build project in Holtermannsveg 1-13 in Trondheim.

“This Has Had an Impact on Our Organization”

Norway — Entra’s CEO Sonja Horn on the latest events circulating the company, how they move forward now and the strong Q4 figures.

Castellum's CEO on the Withdrawn Entra Offer

Norway — Henrik Saxborn on what happens now with the Entra holdings, and the next step in the giant Blackstone deal.

Castellum Withdraws Voluntary Entra Offer

Norway — Castellum has not received sufficient acceptances of the offer in order for the minimum acceptance threshold pursuant to the Offer Document Section 4.12 to be met.

Why Entra Pre-Announced the Q4 Figures During the Giants' Bidding War

Norway — CEO Sonja Horn: ”We found it prudent to update the market on the Q4 performance.”

During the Bidding War: Entra Presents Q4 Figures in Advance

Norway — As a result of the current situation where both Castellum and SBB have put forward voluntary offers for the company’s shares, and to ensure that all shareholders have the information necessary to evaluate these offers, Entra has decided to release an update of the financial and operational performance in the fourth quarter of 2020.

“They Need to Pay Much More to Get Entra”

Norway — The battle for Entra keeps going with both Castellum and SBB keen on acquiring the Norwegian jewel. But so far the bids have been rejected. Bård Bjølgerud, partner and CEO of Pangea Property Partners, explains why he is not surprised by the rejections and gives his view of why Entra is such an attractive company.

Entra Acquires Property in Stavanger Below Market Value

Norway — Entra has called an option to acquire the property Lagårdsveien 6 for 126 million, while Newsec, one of Entra’s external valuers, has estimated the fair market value at 313 million.

SBB Launches Enhanced Tender Offer to Acquire Entra

Norway — SBB announces the launch of its revised tender offer to acquire all outstanding shares in Entra.

Entra Receives an Improved Offer from SBB

Norway — The board of directors of Entra notes that SBB has announced an intended new voluntary offer with improved terms.

Castellum Doesn't Give Up on Entra: ”Together We Can Create Something Amazing”

Norway — Castellum's CEO Henrik Saxborn on the revised offer to acquire the majority of the shares in the Norwegian heavyweight Entra, and the recent blockbuster divestment to the Blackstone subsidiary.