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Entra ASA : Lease contract with BI Norwegian Business School for new-build project in Trondheim

Entra has today signed a lease contract with BI Norwegian Business School for
a new-built business school at Brattørkaia 16 in Trondheim. When finalised,
the property will be 8,350 square meters, fully let to BI Norwegian Business
School on a 20 year lease.

"We are very excited about the opportunity to build a new campus for BI
Norwegian Business School. Together we have planned for a flexible,
environment friendly building at one of the best land plots in Trondheim. The
students will bring life and activity to the area and thus further enhance
the attractiveness of Brattørkaia" says CEO Arve Regland in a comment.

Brattørkaia is an old seafront harbour area, which Entra has transformed into
a prime office and culture area in central Trondheim. Brattørkaia 16 has high
environmental ambitions and the project aims for a BREEAM Excellent
classification. Construction will commence in January 2017 and the project
will be finalised in the summer 2018.

"Trondheim is an important student city with proud traditions where BI
Norwegian Business School - campus Trondheim has been located since 1985. In
order to provide the best possible learning environment for all our students,
we have chosen to co-operate with Entra and move to Brattørkaia. It is
important for us that all BI campuses in Oslo, Bergen, Trondheim and
Stavanger hold the same excellent standard" says President of BI Norwegian
Business School, Inge Jan Henjesand

For further queries please contact: Arve Regland, CEO Entra ASA, tel: +47 479
07700, email: ar@entra.no

About Entra
Entra is a leading owner, manager and developer of office properties in
Norway. Entra owns and manages around 100 properties totalling approximately
1.2 million square meters. The portfolio is primarily located in Oslo and the
surrounding region, Bergen, Stavanger and Trondheim.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Entra ASA via Globenewswire


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