Entra

What Entra does

Entra ASA is a publicly traded Norwegian commercial real estate company that owns, develops, and manages office properties concentrated in prime central locations across Norway's four largest office markets: Oslo, Bergen, Drammen, and Sandvika. Headquartered in Oslo and supported by 101–250 employees, Entra serves large enterprise and public-sector occupiers through long-duration leases (typically 5–15 years), with a disclosed tenant roster spanning Coop Norge, Circle K, Bergens Tidende, Schibsted, Microsoft, Rambøll, Sopra Steria, Amedia, Posten, and Red Bull. Approximately 60,000 people work in Entra buildings daily, and the portfolio maintained a 93.8% occupancy rate in Q1 2026. The company holds a Moody's investment grade rating with positive outlook and lists on the Oslo Stock Exchange.

The revenue model is anchored by rental income from the stabilized portfolio, with Q1 2026 rental income of NOK 800 million (+3.3% YoY) and net income from property management of NOK 357 million (+11.6% YoY). Beyond core leasing, Entra runs a workplace consulting platform ("Fremtidens arbeidsplass" / Workplace of the Future), a digital tenant portal (Kundeportal), and a proprietary property management system (EntraSafety), supported by smart-building infrastructure including sensors, booking systems, and access control. The portfolio is largely BREEAM-NOR certified, supporting ESG-driven tenant demand and pricing power.

Entra combines a buy-and-hold core with a value-add development engine, executing projects through joint ventures with Skanska (Christian Krohgs gate 2, NOK 1.8B), JM (Bryn Sentrum), and OPF (Media City Bergen), alongside direct developments at Lilletorget, Nonnesetergaten 4, Drammensveien 134, and Verkstedveien 3. The company also crystallizes returns via forward sales, exemplified by the NOK 845 million Holtermanns veg disposition at approximately 25% ROI. The combination of contracted rental income, JV-led development capacity, and a positive Moody's outlook positions Entra as a yield-plus-development vehicle in the Norwegian listed real estate space.

Name

Entra

Legal name

Entra ASA

Website

https://entra.no

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Entra ASA is a publicly traded Norwegian commercial real estate company that owns, develops, and manages prime office properties in Oslo, Bergen, Drammen, and Sandvika, serving large enterprise tenants such as Coop Norge, Circle K, Microsoft, and Schibsted through long-term leases, with a Moody's investment grade rating.

Ownership category

akta.pro rank

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Commercial Property Rental: Primary revenue stream from renting office and commercial space to tenants. Rental income of NOK 800 million in Q1 2026, representing 3.3% year-over-year growth. Revenue is recurring through long-term lease agreements with enterprise tenants.
2. Property Development and Divestment: Revenue from development projects, including forward sales of completed projects. The Holtermanns veg project in Trondheim was sold for NOK 845 million with a 25% return on investment.
3. Workplace Consulting Services: Advisory services for workspace development including strategy, organizational psychology, change management, and implementation support. Offered exclusively to tenants in Entra buildings.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Entra is a Norwegian commercial real estate company that develops, owns, and manages office and commercial properties in prime central locations across Oslo, Bergen, Drammen, and Sandvika. Its core offering is long-term office leasing to enterprise tenants, supplemented by property development (new construction and rehabilitation) and workplace consulting services. The company generates recurring rental income from a portfolio of BREEAM-certified properties, with additional revenue from forward sales of development projects and integrated workplace advisory services.

Product overview

Entra is a Norwegian commercial real estate company that operates as a property platform offering office rental, development, and workplace services. The core offering consists of Kontorutleie (office space rental) across multiple Norwegian cities, supplemented by Eiendomsutvikling (property development) for new construction and rehabilitation projects. The company provides value-added services including Fremtidens arbeidsplass (workplace consulting), Kundeportal (tenant portal), and EntraSafety (property management digital solution). Additional services like Welcome Workdays, Rådgivning (consulting), Ombygging og prosjektledelse (conversion/project management), Trening og helse (fitness/health), Mat og drikke (food/beverage), and Alt til kontoret (office supplies) complete the service ecosystem. The platform operates across Oslo, Bergen, Drammen, and Sandvika with properties certified to BREEAM standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Kontorutleie (Office Rental) Rental of office and commercial space in prime central locations across Norway (Oslo, Bergen, Drammen, Sandvika). Range spans small offices to full-floor and multi-tenant buildings, leased on long-term agreements (typically 5-15 years) to enterprise tenants. Q1 2026 rental income was NOK 800 million with 93.8% occupancy.
• Eiendomsutvikling (Property Development) Development of office and commercial buildings, including new construction, rehabilitation projects, and large-scale urban development initiatives. Includes joint venture projects with partners such as Skanska and JM. Notable transactions include the NOK 845 million Holtermanns veg project sale achieving 25% return on investment.
• Fremtidens arbeidsplass (Future Workplace) Workplace consulting and advisory service that helps customers develop workplace concepts and design offices that meet current and future needs. Combines organizational psychology, strategy, and change management expertise. Offered exclusively to tenants in Entra buildings.
• EntraSafety Digital solution for property operations management that addresses safety, privacy, and HSE (health, safety, environment) requirements in properties and construction projects. Developed internally by Entra and launched in 2025.
• Welcome Workdays Service offering within Entra's product and services portfolio, providing support for workplace setup, onboarding, and optimization for tenants in Entra buildings.
• Rådgivning (Consulting) Strategic advisory services for workplace optimization, including needs assessment, implementation planning, and training. Provided to Entra tenants to support their workplace strategy initiatives.
• Ombygging og prosjektledelse (Conversion and Project Management) Project management and conversion services for office space renovation and adaptation projects, provided to Entra tenants as part of the building service ecosystem.

Quantifiable outcome

• Rental income growth of 3.3% year-over-year
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• SkanskacoreStrategic or Co-development Partner · 29 January 202650/50 joint venture to invest approximately NOK 1.8 billion (SEK 1.7 billion) in redevelopment of office and commercial buildings at Christian Krohgs gate 2 in Oslo. The project spans 21,200 square meters near Oslo Central Station with construction valued at NOK 900 million. Aims for BREEAM-NOR v6.0 Very Good certification and fossil-free construction, completion targeted for late 2029/2030.
• JMcoreStrategic or Co-development PartnerJoint venture partnership for development of Bryn Sentrum - a mixed-use development project east of Oslo. The project will include 600 residential units, 5,000 workplaces, and retail/cultural offerings, serving 50,000+ people in the surrounding area. Entra and JM are two of Norway's largest developers cooperating on this urban development.
• OPF (Oslo Pensjonsforsikring)coreStrategic or Co-development PartnerJoint venture through Entra OPF Utvikling AS to own and develop Media City Bergen. The property at Lars Hilles gate 30 is Bergen city center's largest commercial building with 46,000 square meters. OPF is a major Norwegian pension insurance company.
• Moody'sminorOthersCredit rating agency that affirmed Entra's investment grade rating with positive outlook, providing financial credibility and lower cost of capital for the company.

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Fabege AB: Swedish office property company focused on prime central Stockholm locations with a sustainability-led portfolio strategy — directly comparable to Entra's Norwegian prime-central, BREEAM-certified office model.
• Hufvudstaden AB: Swedish premium office and retail property company operating in central Stockholm and Gothenburg — comparable business model of owning and leasing prime central commercial real estate to quality tenants.
• Wihlborgs Fastigheter AB: Swedish commercial real estate company concentrated in the Öresund region with a focus on office properties — similar prime-location, office-focused leasing model to Entra.
• Olav Thon Eiendomsselskap ASA: One of Norway's largest commercial real estate owners and operators, with significant office and retail holdings across Norway — directly comparable domestic peer in Norwegian commercial real estate.

Broad incumbents

• Castellum AB: Major Swedish commercial real estate company with a diversified portfolio across office, logistics, and retail — broader incumbent in Nordic commercial property, comparable to Entra at portfolio scale.
• Atrium Ljungberg AB: Swedish commercial real estate company focused on urban development and office/retail properties in Stockholm — comparable on urban office strategy and sustainability focus.
• Skanska AB: Global construction and property development company and active Entra joint venture partner — overlapping Nordic commercial real estate development and investment activity.
• Kungsleden AB: Swedish commercial real estate company with office and industrial/logistics properties across Sweden — broader Nordic CRE peer with overlapping office segment exposure.
• SBB Norden AB (Samhällsbyggnadsbolaget): Swedish commercial real estate company with a large Nordic portfolio including office, residential, and community service properties — regional Nordic peer with comparable office holdings.

Emerging players

• Catena AB: Swedish commercial real estate company focused on logistics and office properties in Nordic growth hubs — adjacent Nordic CRE peer with thematic overlap on prime urban real estate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/entraasa
• LinkedInno.linkedin.com/company/entra-asa
• Xx.com/entraasa

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Entra