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An update from Entra ASA ( (GB:0R3Y) ) is now available.
Entra ASA has signed a ten-year lease with Circle K AS for about 3,900 square meters at Stenersgata 1 in central Oslo, with the contract starting in the fourth quarter of 2027. Circle K will move from Entra’s Schweigaardsgate 16 property to the new premises when its current lease expires, maintaining the fuel retailer as a key tenant within Entra’s portfolio.
The lease underpins the ongoing redevelopment of Stenersgata 1, where the second and final phase will add roughly 16,200 square meters of new office space, scheduled for completion in 2028. Securing a long-term anchor tenant ahead of the redevelopment phase supports Entra’s occupancy visibility, enhances the asset’s income profile, and reinforces its position in Oslo’s prime office market near the central station.
The most recent analyst rating on (GB:0R3Y) stock is a Sell with a NOK102.00 price target. To see the full list of analyst forecasts on Entra ASA stock, see the GB:0R3Y Stock Forecast page.
More about Entra ASA
Entra ASA is a Norwegian commercial real estate company focused on developing, owning and managing modern office properties in central locations, particularly in and around Oslo. The group targets high-quality tenants and long-term lease agreements, positioning itself as a key player in the Nordic office property market.
Average Trading Volume: 123,246
Current Market Cap: NOK19.2B
For detailed information about 0R3Y stock, go to TipRanks’ Stock Analysis page.