Rehabilitating and converting student housing in Bergen
LAB Entreprenør AS, a company in AF Gruppen, has entered into an agreement with the Student Welfare Organisation in Western Norway for the rehabilitation and conversion of Lotheveien 2-20 in Bergen. The contract is a turnkey contract valued at approx. NOK 150 million, excluding VAT. The agreement is subject to board approval.
Lotheveien 2-20 consists of three detached brick buildings at Løvstakksiden in Bergen that are currently listed. The buildings were designed by architect Daniel Muri and built in the years 1920-1923 as municipal housing. Each of the three buildings comprise a cellar floor, two main floors and an attic floor.
The project includes the rehabilitation and conversion of existing apartment buildings with 50 apartments into student housing with 170 bedsit units.
“We are very grateful to be selected to undertake an interesting project at Løvstakksiden in Bergen for the Student Welfare Organisation in Western Norway. This serves to further develop our expertise in protecting and revitalising the buildings in our city. Preserving rather than demolishing and building new is the greatest contribution we can make to reducing emissions in our industry," says Gard Kvalheim, managing director of LAB Entreprenør AS.
Construction work will commence in Q1 2024 and is scheduled for completion in Q2 2025.
Tormod SolbergTel:+47 950 59 firstname.lastname@example.org
AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 6,000 employees and revenue reached NOK 31 billion in 2022. AF Gruppen is listed on Oslo Stock Exchange (AFG).
We provide a broad range of services with seven operational business areas: Civil Engineering, Building, Betonmast, Property, Energy and Environment, Sweden and Offshore.
Subscribe to releases from AF Gruppen ASA
Subscribe to all the latest releases from AF Gruppen ASA by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from AF Gruppen ASA
AF Gruppen ends the year with strong cash flow and a robust order backlog15.2.2024 07:01:00 CET | Press release
AF Gruppen recorded fourth quarter revenues of NOK 8,378 million. Profit before tax was NOK 292 million in the quarter, corresponding to a profit margin of 3.5%. The order backlog was NOK 41,991 million at the end of the quarter.
Nominated for contract at the New Rikshospitalet2.2.2024 11:03:31 CET | Press release
AF Gruppen has been nominated as the contractor by the South-Eastern Norway Regional Health Authority for the construction of temporary office and accommodation facilities at the New Rikshospitalet (Oslo University Hospital) in Gaustad, Oslo. The agreement covers the setup, operation, and dismantling of offices, dining, and changing facilities. The estimated value of the contract is NOK 129 million excluding VAT.
Building 165 apartments centrally in Oslo30.1.2024 13:32:16 CET | Press release
AF Gruppen has signed an agreement with KLP Eiendom to build the Nora project in Bislett, Oslo. The project includes the demolition of existing buildings and the construction of 165 apartments, as well as parking garages and commercial areas at Pilestredet 75. The contract is a turnkey contract with a value of NOK 906 million excluding VAT.
New project for Svenska kraftnät19.12.2023 10:08:16 CET | Press release
AF Gruppen's subsidiary, Kanonaden Entreprenad, was awarded the contract to construct and install two new series compensation stations for Svenska kraftnät. The contract will be carried out in a consortium with Hitachi Energy. Kanonaden's share of the contract is around SEK 219 million, excluding VAT.
Purchasing Ullevålsveien 11420.11.2023 08:17:13 CET | Press release
AF Gruppen and USBL have jointly entered into an agreement to purchase the plot Ullevålsveien 114 in the City of Oslo. The seller is Fortuna Estate AS, and the site will be owned 50% by AF Gruppen and 50% by USBL.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom