Norway — The Norwegian economy looks positive going forward, says Sonja Horn, CEO of Norwegian Entra, which owns, develops and manages properties in Norway. The Balder- and Castellum-owned company has now presented its figures for the third quarter of 2024.

Norway — Entra’s CEO Sonja Horn on the EUR 570 million deal: “We have never put the Trondheim portfolio up for sale, but…”

Norway — Norway's largest real estate company Entra is owned by almost three quarters of Balder and Castellum, an investment that has dropped in value since they started investing in the company almost three years ago. The share is now down to levels for which it was last traded in January 2017. Wednesday's Q3 report did not have any significant impact in any direction, but the company's CEO Sonja Horn emphasizes that the company still focuses on strengthening the balance sheet and continues with its divestment program, but they will not sell properties at any discounts.

Norway — Entra, where Balder and Castellum are major owners, has now sold properties for SEK 2.3 billion, a little more than a third of the sales target of SEK 5.5 to 6 billion. In connection with the presentation of the Q1 report, CEO Sonja Horn commented more on how the divestment work is going in the challenging transaction market and explained why the vacancy rate increased during the first quarter.

Norway — Entra’s CEO Sonja Horn: “The changing market conditions have also made us more cautious and focused on strengthening our balance sheet.”

Norway — Entra’s CEO Sonja Horn tells Nordic Property News about the Norwegian investment market, why we see a limited number of transactions in Q3, and reasons behind the strong rental income figures.

Norway — The CEO of Entra tells Nordic Property News how she views the company's performance so far this year and what we can expect from them during the second part of 2022.

Norway — CEO Sonja Horn: “We haven’t seen the effects of the increased construction costs yet.”

Norway — Sonja Horn, CEO of Entra, on the Q4 results, the plans for the current portfolio, and the requirements from the office tenants in a post covid environment.

Norway — Sonja Horn, CEO of Entra: “Our presence in Stavanger has been relatively small and we found this new set-up and structure attractive.”

Norway — Entra’s CEO Sonja Horn on the major acquisition of Oslo Areal’s portfolio; why it is a perfect match, the input from the major owner Balder, and the increased attractiveness for Entra as a company.

Norway — Entra’s CEO Sonja Horn on the Q3 results, the successful renegotiated contracts, and the office comeback in Oslo.

Norway — Entra’s CEO Sonja Horn on the mandatory offer from Balder.

Norway — Sonja Horn, CEO of Entra: “Both major shareholders have to date expressed their support to Entra’s strategic priorities.”

Norway — Entra’s CEO Sonja Horn on the closing of the major acquisition in Oslo, investment targets going forward, and the close dialogue with the Swedish main owner and whether that is affecting the business strategy.

Norway — Entra’s CEO Sonja Horn on the current negotiations of the EUR 230 million asset, and the investment strategy, going forward.

Norway — Entra’s CEO Sonja Horn on the Q1 results for 2021, the dialogue with the new Swedish major shareholders, and how the Norwegian transaction market is performing at the moment.

Norway — Entra’s CEO Sonja Horn on the latest events circulating the company, how they move forward now and the strong Q4 figures.

Norway — CEO Sonja Horn: ”We found it prudent to update the market on the Q4 performance.”

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

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.