Entra

Regulatory Filings • Dec 21, 2017

Entra ASA : Sale of Middelthuns gate 29 in Oslo and Tungasletta 2 in Trondheim

Entra ASA : Sale of Middelthuns gate 29 in Oslo and Tungasletta 2 in Trondheim

Entra has sold Middelthuns gate 29 in Oslo to Middelthuns gate 29 Holding AS, a

company set up by NRP. The transaction is based on a property value of NOK 1.27

bn representing a premium of 7 % compared to book values as of 30 September

2017. The transaction is structured as a sale of shares in the company

Middelthuns gate 29 AS. Closing is expected to take place on 28 December 2017.

Entra has sold Tungasletta 2 in Trondheim to Tunga Holding AS. The transaction

is based on a property value of NOK 180 million representing a premium of 9 %

compared to book values as of 30 September 2017. The transaction is structured

as a sale of shares in the company Tungasletta AS. Closing is expected to take

place on 31 January 2018.

The transactions are in accordance with Entra's strategy to focus the portfolio

on large, flexible office buildings in selected clusters close to public

transportation hubs and to divest non-core assets.

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.