Sale of Universitetsgata 11 (Hotel Savoy) in Oslo
Entra has sold Universitetsgata 11(Hotel Savoy) in Oslo for a total transaction value of NOK 225 million, which is approximately 28 per cent above book values as of 31 March 2024.
The proceeds will be used to strengthen Entra's balance sheet and the transaction will close on 28th June 2024.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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