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Entra

Regulatory Filings Aug 19, 2015

3596_iss_2015-08-19_e3588341-36d5-4d6e-b679-322f191ed618.html

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Entra ASA : Lease contract with Asplan Viak enabling a new Powerhouse in Sandvika

Entra ASA : Lease contract with Asplan Viak enabling a new Powerhouse in Sandvika

Oslo, 19 August 2015 - Entra has decided to build another Powerhouse through

renovation of one building block in the Kjørbo office park in Sandvika. Asplan

Viak has signed a lease contract for approximately 50% of the new 4,250 sqm

Powerhouse building and has also extended their lease contract in the first

Powerhouse building. Both lease contracts have a duration to November 2025.

Asplan Viak will move into the new premises in 2017.

"Powerhouse has matured from an environmentally driven innovation project to a

highly competitive product in the market for office properties", says Entra's

CEO Arve Regland.

Powerhouse generates more energy than it consumes over its life cycle. Power

consumption is estimated to around 20 kWh per sqm whilst solar panels will

produce energy equal to 40 kWh per sqm. All factors from manufacturing of

building materials through operations and in the end demolition are included in

the energy calculation.

Completed in 2014, the first Powerhouse building at Kjørbo was the first

rehabilitated office building globally to achieve the environmental

certification BREEAM Outstanding.

Powerhouse is a co-operation between Sapa, Zero, Hydro, Snøhetta, Skanska,

Asplan Viak and Entra. Through optimisation of the building processes and a

number of innovations the partners has now managed to reduce building cost with

15-20% compared to the first Powerhouse building.

"Entra continues its environmental leadership in the Norwegian real estate

sector. Our customers prefer buildings with high environmental standards

something which also proves to be financially sound for all parties", concludes

Arve Regland.

Oslo, 19 August 2015

Entra ASA

Corporate communication

For further queries please contact: Arve Regland, CEO Entra ASA, tel:

+47 479 07700, email: [email protected]

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act

[HUG#1946340]

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