Building 96 new apartments in Bergen city center
LAB Entreprenør AS, a company within AF Gruppen, has signed a contract with Nøstegaten 72-74 AS (OBOS Nye Hjem) for the construction of a new apartment project at Nøstet in Bergen city center. The contract is a turnkey contract valued at approximately NOK 428 million excluding VAT.

The buildings are located along the waterfront at Nøstet, very centrally in Bergen city center. The project includes the construction three apartment buildings with an underlying garage. The establishment of outdoor areas and a new quay promenade is also included in the agreement. Additionally, a new kindergarten is planned in one of the buildings. The project aims to transform the historic district from a rundown industrial area into an attractive area with squares, playgrounds, and a new public quay promenade designed to increase access to the sea for the city’s residents. The site is currently undergoing the dismantling of existing buildings for reuse and recycling under a separate contract with Nøstegaten 72-74 AS.
The project is scheduled to start in the first quarter of 2025 and be completed in the third quarter of 2027. The start of the project is conditional on sufficient pre-sales.
Contacts
Tormod Solberg
Tel:+47 950 59 495tormod.solberg@afgruppen.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.
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
Constructing a new wastewater treatment plant in Sweden4.7.2025 14:49:02 CEST | Press release
AF Gruppen’s subsidiary, Kanonaden Entreprenad Mälardalen AB, will, in collaboration with ByggDialog AB, construct a new wastewater treatment plant in Gävle for Gästrike Vatten. Kanonaden’s share of the contract involves groundwork, foundation works, and pipe installations, with a contract value of approximately SEK 500 million excluding VAT.
New building project at the Oslo police headquarters4.7.2025 07:30:00 CEST | Press release
AF Gruppen has been awarded a collaborative contract by Statsbygg for the construction of a new building adjacent to the police headquarters at Grønland in Oslo. The project includes development and approximately 7,000 square metres of new premises, connected to the existing police facilities. It will house areas with specialised requirements as well as standard office space.
Upgrades smolt facility2.7.2025 11:00:00 CEST | Press release
Helgesen Tekniske Bygg AS (HTB), a company within AF Gruppen, has signed a turnkey contract with a fish farming company for the upgrade of a smolt facility in Western Norway. The contract value is approximately NOK 160 million, excluding VAT.
Building production facility in Ølen30.6.2025 15:00:00 CEST | Press release
Helgesen Tekniske Bygg AS (HTB), a company within AF Gruppen, has signed a turnkey contract with Øvrehagen 2 AS for an extension to Fatland Ølen’s production facility in Ølen. The contract value is NOK 213 million excluding VAT.
Awarded contract from Forsvarsbygg23.6.2025 08:05:00 CEST | Press release
Helgesen Tekniske Bygg AS (HTB), a subsidiary of AF Gruppen, has received a contract award notification from Forsvarsbygg for the construction of a building as a turnkey project. The assignment will have a value of NOK 158 million excluding VAT.
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