Entra ASA ( (GB:0R3Y) ) has provided an announcement.
Entra ASA reported a decrease in rental income to 774 million NOK in Q1 2025 from 878 million NOK in Q1 2024, primarily due to divestments. Despite this, the company maintained financial resilience by issuing 3.1 billion NOK in bonds and refinancing 17 billion NOK of bank debt, extending the average maturity to 4.0 years. The company’s portfolio occupancy decreased slightly to 93.8%, with net letting at -73 million NOK for the quarter. Entra continues to focus on strengthening its debt metrics and maintaining a stable financial structure.
More about Entra ASA
Entra ASA is a leading owner, manager, and developer of office properties in Norway, with a portfolio of around 80 properties totaling approximately 1.3 million square meters in the Greater Oslo region, Bergen, and Stavanger. The company primarily serves public sector entities and high-quality private tenants on long-term leases, focusing on profitable growth, being the preferred office provider, and environmental leadership.
YTD Price Performance: 1.90%
Average Trading Volume: 9,048
Technical Sentiment Signal: Sell
Current Market Cap: NOK21.46B
See more data about 0R3Y stock on TipRanks’ Stock Analysis page.