AF Gruppen

AF Gruppen to build student housing and commercial premises for Diakonhjemmet Foundation

7.10.2026 09:31:12 CEST | AF Gruppen | Press release

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Diakonhjemmet Foundation has awarded AF Gruppen the contract for the construction of Plot D at Campus Diakonhjemmet in Oslo. The contract will be executed as a design and build contract and has a value of NOK 409 million, excluding VAT.

From the contract signing ceremony. From left: Jon Semb, Stian Schjølberg and Ola Randby, AF Gruppen. From the Diakonhjemmet Foundation: Project Manager Birte Almeland, Chair of the Board Vibeke Hammer Madsen, Chief Financial Officer Hans Lysheim, and CEO Ingunn Moser.
From the contract signing ceremony. From left: Jon Semb, Stian Schjølberg and Ola Randby, AF Gruppen. From the Diakonhjemmet Foundation: Project Manager Birte Almeland, Chair of the Board Vibeke Hammer Madsen, Chief Financial Officer Hans Lysheim, and CEO Ingunn Moser. Pål A. Berg Diakonhjemmet Foundation

The project comprises the construction of a multi-purpose building with a gross floor area of approximately 9,500 m². The building will include office and commercial premises as well as 175 student housing units.

Plot D is located adjacent to VID Specialized University, the future Fridtjof Nansen Upper Secondary School, and the new Diakonhjemmet metro station, which AF Gruppen is already constructing for Diakonhjemmet Foundation. The contract will complete the development of Diakonhjemmet Hage.

"We are very pleased to continue our collaboration with Diakonhjemmet Foundation. Through the collaborative development phase, we have jointly developed sustainable, cost-effective and buildable solutions. We now look forward to delivering the final building in Diakonhjemmet Hage," says Tormod Solberg, EVP Building at AF Gruppen.

The building will be constructed in accordance with Passive House standards and achieve Energy Class A. The project aims to obtain BREEAM-NOR Excellent environmental certification.

“Oslo has a significant and persistent need for more student housing. We are now helping to increase capacity with 175 student apartments in a central location in Oslo. Modern commercial premises will facilitate greater collaboration, development and innovation among the organisations based in the area. We are extremely proud of what we are creating at Diakonhjemmet Hage,” says CEO Ingunn Moser.

AF Gruppen has participated in the development of the project through an early contractor involvement phase in close collaboration with the client. Construction is scheduled to commence in February 2027, with expected completion in the first quarter of 2029.

“It is particularly valuable that we are able to continue our collaboration with AF Gruppen on the final sub-project at Diakonhjemmet Hage. Their familiarity with the area and experience from the wider development project provide a strong foundation for maintaining a holistic approach and delivering on our ambitions for the area,” concludes Ingunn Moser.

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From the contract signing ceremony. From left: Jon Semb, Stian Schjølberg and Ola Randby, AF Gruppen. From the Diakonhjemmet Foundation: Project Manager Birte Almeland, Chair of the Board Vibeke Hammer Madsen, Chief Financial Officer Hans Lysheim, and CEO Ingunn Moser.
From the contract signing ceremony. From left: Jon Semb, Stian Schjølberg and Ola Randby, AF Gruppen. From the Diakonhjemmet Foundation: Project Manager Birte Almeland, Chair of the Board Vibeke Hammer Madsen, Chief Financial Officer Hans Lysheim, and CEO Ingunn Moser.
Pål A. Berg Diakonhjemmet Foundation
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Diakonhjemmet - Plot D-1
Diakonhjemmet - Plot D-1
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Diakonhjemmet - Plot D-2
Diakonhjemmet - Plot D-2
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About 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 31,9 billion in 2025. 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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