Entra renews significant lease with Norwegian Police Shared Services

Entra ASA has announced the renewal and extension of a lease agreement with the Norwegian Police Shared Services for approximately 17,000 square meters at Lagårdsveien 6 in Stavanger. The renewed lease, set to commence in the first quarter of 2026, has a duration of 9.5 years. This agreement replaces a previous contract with the same tenant that was scheduled to expire in the fourth quarter of 2029, ensuring continued occupancy and revenue for Entra.

The property at Lagårdsveien 6 serves as a vital operational hub for the Norwegian Police Shared Services in Stavanger, underscoring the strategic importance of this long-term agreement for both parties. The extension highlights Entra's commitment to maintaining strong tenant relationships and its ability to secure favorable lease terms.

Kjetil Hoff, evp asset management and COO of Entra, is listed as the contact for further inquiries. This renewal contributes positively to Entra's financial outlook by providing stable income from a significant tenant for nearly a decade.