News | Nordic Property News

ARTICLES TAGGED WITH "Entra"

Timeline: The Battle of the Norwegian Giant

Norway — SBB, Castellum or status quo? Difficult to follow the different turns in the Entra affair? Nordic Property News has pointed out some key dates during the last couple of weeks, when the Swedish property giants have fighted for a major impact in Norway’s largest listed company, Entra.

SBB Withdraws from Entra Offer due to DD Process

Norway — SBB has since the offer was made undertaken work in relation to the closing conditions set out in the offer.

SBB’s CEO on Entra’s Claim to Be a Competitor: ”Nonsense”

Norway — The bidding war for the Norwegian real estate company Entra took another turn on Wednesday when SBB chose to withdraw its bid. Ilija Batljan, CEO of SBB, tells about, from his point of view, the unfair treatment from Entra.

After Batljan’s Disappointment: This Is Entra’s Response

Norway — CEO of Entra, Sonja Horn: ”SBB was given access to the same information on Entra as other interested parties.”

Balder Acquires Five Percent of the Shares in Entra

Norway — Balder has today issued a flagging announcement that they have acquired 5 percent of the shares in Entra.

Entra Largest Owner Declines Bids from Castellum and SBB

Norway — The Norwegian pension fund Folketrygdfondet - which owns 11.8 percent of Entra - says no to both Castellum's and SBB's bid for the company.

“We Would Be One of the Largest Companies in Europe”

Norway — Henrik Saxborn on the vision for the potential giant company, what changed during the day after the first terminated discussions with Entra, and how he views a possible bidding competition.

SBB Initiates Due Diligence of Entra

Norway — SBB has now signed the appropriate NDA with Entra to initiate a due diligence.

SBB Still on Track: Launches Voluntary Offer to Acquire Entra

Norway — SBB launches voluntary offer to acquire Entra ASA to create the leading European social infrastructure player.

Why Norway Attracts the Swedish Heavyweights

Norway — The competition of Entra continues. Mikael Söderlundh, Head of Research and Partner at Pangea Property Partners: ”This has been a game changer.”

Castellum Back at the Table: Makes Bid for Entra

Norway — On Wednesday Castellum sent out a press release that discussions with Entra had been terminated. On Thursday Castellum made a new offer for Entra – with a bid that is higher than SBB's.

The Board of Entra Declines SBB's Major Bid

Norway — "While the board appreciates the interest in Entra, the board has concluded, and already conveyed to SBB prior to the announcement, that the potential offer will not be recommended."

Castellum Backs Out of Entra Discussions

Norway — Castellum confirms discussions concerning a potential combination with Entra have been terminated.

SBB Intends to Acquire Entra's Shares

Norway — The board of directors of Entra informs that it has received interest that may or may not lead to an offer for the shares in the company.

Entra Makes Oslo Acquisition

Norway — Entra has acquired Østensjøveien 29 in Oslo for a total consideration of NOK 44 million.

How the Norwegian Giant Manage Current Lease Negotiations

Norway — Entra’s CEO Sonja Horn on rental income effects this year, whether it is more difficult to negotiate new leases, and the development of Oslo’s market rents, during the pandemic.

Why the Norwegian Office Market Has Taken a Smaller Hit During the Pandemic

Norway — Entra’s CEO Sonja Horn on the Q3 figures, why they continue to grow in the office segment, and how the discussions with the tenants have been, during a challenging quarter.

“The Activity Is More or Less Back to Normal”

Norway — Just over six months have passed since the corona outbreak started to make an impact on the investment market across Europe. How has it affected the Nordic giants? Nordic Property News has spoken to some of the companies in the Nordics. Today: Sonja Horn, CEO of the Norwegian listed company, Entra.

Why Entra are Well Prepared for Future Office Challenges

Norway — Entra saw limited effects from covid-19 on their business operations and financials during the second quarter. CEO Sonja Horn tells Nordic Property News how the company successfully navigated through the challenging quarter and why their office diversity makes them well prepared for the future.

“It Has Been an Extraordinary Situation for All of Us”

Norway — Entra is the first Norwegian company with a Shades of Green Assessment from Cicero. Entra's CEO Sonja Horn tells Nordic Property News what this means for the company, going forward, and how these latest months have been in general – due to the pandemic.

The Pandemic Effects: Why Entra’s Property Value Has Not Increased

Norway — Office investor Entra’s CEO Sonja Horn on why they still see a strong demand for the development pipeline, and the effects on their markets due to the oil crisis and coronavirus.

Entra: “Some of Our Tenants Are Struggling”

Norway — Sonja Horn, CEO of the office investor Entra, tells Nordic Property News on the company’s view on the ongoing corona crisis, how it affects their business and how Entra was prepared for this extreme scenario.

How Entra Increased the Rental Income – Without Acquiring

Norway — Sonja Horn, CEO of Entra: “We have signed contracts on the highest level ever.”

“The Goal Is to Create One of the Nordic Region's Best Districts”

Norway — Entra's CEO Sonja Horn on the partnership in the giant project in Stavanger, whether they can consider taking a larger share in the project and the company's investment plans for 2020.

Entra Acquires Development Property in Bergen

Norway — Entra has acquired the property Møllendalsveien 6-8, located in Entra’s existing property cluster and nearby Media City Bergen, for a property value of NOK 400 million.