Norway, Dec. 22 -- Entra ASA ("Entra") and Skanska have entered into an agreement to establish a 50/50 joint venture to start a redevelopment project at Christian Krohgs gate 2 ("CK2") in Oslo city centre. The redevelopment covers 21,200 sqm and is located a few minutes' walk from Oslo Central Station.The partnership provides a capital-efficient way of realising a project that will further enhance the attractiveness of the area. Skanska will act as turnkey contractor for the project, with completion targeted around year-end 2029/2030.As part of the transaction, Entra will sell 50% of the shares in the property-owning company to Skanska. The transaction is based on a gross property value of NOK 550 million (100% basis), representing a 2.7% p...