Entra ASA
8.81
EUR
+0.08
(+0.92%)
ISIN
NO0010716418
Return %
Stock
S&P 500
1Y
-12.60
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
NOK
•
in mil. unless spec.Working Capital
NOK
•
in mil. unless spec.Growth Rates
NOK
•
in mil. unless spec.Quarterly Revenue
NOK
•
in mil. unless spec.Quarterly Earnings Per Share
NOK
•
in mil. unless spec.Quarterly Dividends Per Share
NOK
•
in mil. unless spec.Company Description
- CEO
- Sonja Horn
- Full Time Employees
- 183
- Sector
- Finance
- Industry
- Real estate development
- Address
- Biskop Gunnerus' gate 14A Oslo PS Norway 0185
- IPO Date
- Oct 17, 2014
- Website
- entra.no
- Similar Companies
- Business
- Entra ASA owns, develops, manages and leases high-quality, flexible, centrally located and environmentally friendly office properties in clusters around public transportation hubs in major Norwegian cities including Oslo, Bergen, Sandvika, Drammen and Stavanger; the company offers rental services to a diversified tenant base comprising 52% public sector entities such as the Norwegian Tax Administration, Municipality of Oslo and Norwegian Police alongside high-credit private firms including Norconsult, Sopra Steria and Yara, with primary revenue from long-term leases linked near 100% to CPI adjustments, supplemented by property sales and redevelopment projects featuring BREEAM-certified buildings with integrated services like workplace strategy advisory, health facilities and technology-enabled operations. The property portfolio totals 81 assets encompassing 1.3 million sqm valued at NOK 61 billion, with a management portfolio of 73 buildings spanning 1.16 million sqm at 94.3% occupancy and 6.1-year WAULT, alongside a 71,600 sqm project pipeline under development including refurbishments at Brynsengfaret 6 in Oslo, Nonnesetergaten 4 in Bergen and Malmskriverveien 2-4 in Sandvika plus newbuild at Holtermanns veg 1-13 phase 3 in Trondheim, and 98,187 sqm of zoned development sites; Entra targets large tenants seeking sustainable urban offices, operates nationwide with 88% exposure in Greater Oslo, and maintains environmental leadership evidenced by a GRESB score of 89, 52% BREEAM-certified value, EPRA Gold sustainability rating and taxonomy-aligned revenues of 54%. Founded in 2000 as a state-owned entity to manage former Statsbygg commercial properties and listed on Oslo Børs under ticker ENTRA.OL since 2014 with headquarters in Oslo, the company employs around 175-181 staff and reports Moody's Baa3 stable credit rating. Recent developments include the May 2024 divestment of the entire Trondheim portfolio for NOK 6.45 billion plus sales of Universitetsgata 11 and Grenseveien 78B to strengthen the balance sheet and reduce LTV to 49.3%, completion of Schweigaards gate 15 redevelopment and Malmskriverveien 16 newbuild alongside initiation of multiple refurbishments, gross letting of NOK 472 million across 179,800 sqm with key contracts to Norwegian Police and Municipality of Oslo, reintroduction to the bond market and new long-term bank financing in Q1 2025, and Castellum AB increasing its stake to over 33% in February 2025 triggering a mandatory offer obligation.