AF Gruppen to develop and build new neighbourhood in Halmstad
AF Bygg Syd, a subsidiary of AF Gruppen, has been commissioned to build apartments in a brand new neighbourhood in the town of Halmstad in southwest Sweden. The contract is work SEK 170 million excluding VAT.
The Stadsgården quarter will be built in the new, centrally located neighbourhood of Västra Förstaden, and is walking distance from restaurants, shops, areas of natural beauty and the sea. The principal is AF Projektutveckling in partnership with real estate developers Wood & Hill.
Phase 1 of Stadsgården incorporates 63 architect-designed, owner-occupied homes, including three two-storey town houses that are integrated into the building.
‘Demand for these apartments has been strong and we are both thrilled and proud to be the first company to start work in Västra Förstaden,’ says Bård Frydenlund, EVP Sweden at AF Gruppen.
Phase one of Stadsgården will be ready for occupation during Q2 of 2022. Sales start for phase 2 will commence later during 2020.
The Västra Förstaden neighbourhood in Halmstad will expand over a five-year period to around 450 homes.
AF Gruppen has extensive experience in real estate development and is one of Norway’s biggest property developers. AF Projektutveckling is the group’s Swedish company for the development of housing and commercial real estate. Wood & Hill is run by well-established investors with a background in the real estate industry.
Andreas RydboManaging Director, AF Gruppen Sweden,+46 709 79 00 firstname.lastname@example.org
Bård FrydenlundEVP Sweden+47 918 68 621Bard.Frydenlund@afgruppen.no
About AF Gruppen ASA
AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 5,700 employees and revenue reached NOK 22.5 billion in 2019. 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
Acquisition of plot for Construction City3.7.2020 12:06:35 CEST | Pressemelding
Construction City Holding AS, a company owned by OBOS BBL (70% stake), AF Gruppen Norway (20% stake) and AF Gruppen subsidiary Betonmast (10% stake), has agreed to purchase all shares in the company Construction City Eiendom AS from OBOS Eiendom AS.
Sale of the office building "K5" at Hasle Linje in Oslo2.7.2020 14:05:50 CEST | Press release
Hasle Linje Næring DA, a company of which 49.5% is owned by AF Gruppen, 49.5% by Höegh Eiendom and 1% by Vind AS, has accepted an offer by Clarkson Platou Real Estate regarding the sale of all the shares in the Karvesvingen 5 AS company. This company owns the newly constructed smart building "K5" at the same address.
New job for hospital in Bergen1.7.2020 13:29:18 CEST | Press release
LAB Entreprenør, an AF Gruppen subsidiary, has entered into an agreement with Haraldsplass Diakonale Stiftelse on installation works in the extended and renovated areas of the hospital.
Building more student housing from solid wood22.6.2020 10:37:49 CEST | Press release
AF Gruppen has entered into an agreement with the Student Welfare Organisation in Østfold to build new student housing from solid wood at Remmen in Halden.
AF continues to develop Bispevika17.6.2020 08:24:26 CEST | Press release
AF Gruppen has entered into a final agreement for site preparation and basement work at Clemenskvartalet, Bispevika Syd, Field B8a.
New decommissioning project for AF Gruppen11.6.2020 14:38:20 CEST | Press release
AF Gruppen has been awarded a contract by Shell UK Ltd for dismantling and recycling of the Curlew floating, production, storage and offloading unit (FPSO), which operated in the North Sea.
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