In the fourth quarter of 2020, Castellum acquired 15 million shares for NOK 169 per share in the Norwegian listed property company Entra. The acquisition is a stage in the offer Castellum has announced to Entra’s shareholders. According to the agreement with the seller, Castellum will pay the same amount as the public offering. As of 31 December 2020, Castellum’s offer was approximately NOK 189 per share. The total acquisition cost for the combination is thus MSEK 2,729, of which MSEK 2,442 has already been paid and the remainder entered as a liability. The closing price of the Entra share as of the end of the accounting period was approximately NOK 194 per share, corresponding to a market value at the balance sheet date on holdings of MSEK 2,792.