Sonja Horn, CEO at Entra.
Image: Brage Aronsen/Entra
Norway —
Entra has sold the properties Akersgata 51 and Tordenskioldsgate 6 in Oslo for a total transaction value of NOK 1.473 billion, which is approximately one per cent below book values as of 31 March 2023.
As part of the transaction, Entra will provide a seller's credit of 250 million with an interest rate of 4.25% p.a. for a duration of 18 months.
The properties total 23,400 sqm and will be acquired by NREP. The transaction will close on 31 May 2023 and the proceeds will be used to strengthen Entra's balance sheet.
All Nordics
Sweden
Denmark
Finland
