Entra ASA: Buys development project at Bryn in Oslo


Entra has signed an agreement to buy the property Nils Hansens vei 20 at Bryn in Oslo for NOK 50 mill. The property is approximately 3,150 sqm and is 81 % let on short term contracts.
  
Nils Hansens vei 20 is located at Bryn. Bryn/Helsfyr is one of Entra's core property clusters in Oslo. The property has a development potential in an exciting area which is expected to see significant development in the coming years. 

Closing is expected to take place 3 April 2018.

For further queries please contact: Anders Olstad, CFO Entra ASA, tel: +47 900 22 559, email: ao@entra.no

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