Building 40 Apartments in Bergen
30.5.2025 09:15:57 CEST | AF Gruppen ASA | Press release
LAB Entreprenør, a company within the AF Gruppen, has signed an agreement with Gjelsten Bolig to build a new residential project in Møllendalsveien, Bergen.
The contract includes the demolition of existing buildings on the site and the construction of a total of 40 apartments distributed across two buildings with a shared garage, bicycle parking, sports stalls and entrance areas.
The project is located right by the banks of the Møllendal River near a marina, a waterfront promenade, and a planned new city beach and river park. The project is being carried out as a turnkey project.
The contract is valued at approximately NOK 137 million excluding VAT and is contingent on sufficient pre-sales being achieved before construction begins.
"We are grateful to have been chosen as the partner for the project in Møllendalsveien, and we look forward to continuing the collaboration from the interaction phase into the execution of yet another residential project for Gjelsten Bolig," says Gard Kvalheim, CEO of LAB Entreprenør.
Work on site will begin in the third quarter of 2025, with planned completion in the second quarter of 2027.
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 30,6 billion in 2024. 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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