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2021-11-04

New lease contract in St. Olavs plass 5 in Oslo

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.  St. Olavs plass 5 is under redevelopment, the project is now 86 % pre let and will be finalized in Q3 2022.

Rebel U2 AS is managing the new, flexible workspace concept just opened in Universitetsgata 2, a property owned and recently redeveloped by Entra. Rebel U2 AS has already grown out of available office space and is thus letting more space in the neighboring property St. Olavs plass 5. Rebel U2 AS is a 50/50 joint venture between Entra and The Rebel AS.

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

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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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