The asset is located next to Media City Bergen and Entra’s project developments in Nygårdsgaten 91-93 and Lars Hilles gate 25. The asset is a 5,900 sqm office property and the average lease contract duration is 5,4 years with an attractive tenant mix.

"The property is a natural add-on to our existing portfolio, and we have a positive outlook on the property market in Bergen. We are therefore very pleased to further strengthen our position here" said Sonja Horn, Entra's CEO.

The transaction is expected to close June 22 2021.