Entra ASA : New lease contracts with the law firm Hjort DA for both Akersgata 51 and the planned new-build project in Universitetsgata 7-9 in Oslo

By GlobeNewswire,  September 22, 2016, 02:00:00 AM EDT

Entra and Hjort have agreed to extend the lease contract for 6,300 sqm in Akersgata 51 until 30.9.2021. Hjort has furthermore signed a new 10-year contract for 5,100 sqm in Entra's planned new-build project in Universitetsgata 7-9 situated in the Tullin quarter. Hjort will move from Akersgata 51 to the new premises when Universitetsgata 7-9 is expected to be finalised in 2020/2021.

The existing 13,000 sqm office building in Universitetsgata 7-9 is planned to be knocked down and replaced with a new 19,000-21,000 sqm high quality property. In the Tullin quarter, Entra also plans to build a 21,000 sqm university for the Faculty of Law. Both projects are parts of the comprehensive zoning plan for the entire Tullin quarter which is at a final stage and is expected to be finalised and concluded this autumn.

For further queries please contact: Anders Solaas
, EVP Letting and Business Development, tel: +47 970 90 511, email: aso@entra.no.

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

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Entra ASA via Globenewswire

This article appears in: News Headlines

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