Rehabilitating and converting Augustin Hotel in Bergen
LAB Entreprenør, a company in AF Gruppen, has entered into an agreement with REQ for the rehabilitation and conversion of Augustin Hotel in Bergen. The contract is a turn key contract valued at approx. NOK 115 million, excluding VAT.
The hotel is located in Bergen city centre and is one of Bergen's oldest hotels. The project includes rehabilitation and conversion of the existing hotel with 142 rooms into an apartment hotel with 104 rooms, as well as revitalisation of the premises on the ground floor for a new owner and new tenant.
"We are very grateful to be selected to carry out an interesting project in Bergen city centre for REQ. 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, CEO of LAB Entreprenør AS.
On-site construction work has started and construction is scheduled for completion in Q4 2024.
Contacts
Tormod Solberg
Tel:+47 950 59 495tormod.solberg@afgruppen.noGard KvalheimAdm.direktørLAB
Tel:907 54 394gk@lab.noImages
AF Gruppen
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 30,5 billion in 2023. 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.
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