Renovation of commercial building in Bergen

Baneveien 16 is a company owned 50/50 by EGD Property AS and LAB Eiendom. The building itself is located in the heart of Bergen’s city centre, with Sparebanken Vest and the City of Bergen’s new performing arts centre as its immediate neighbours, while the Dokken development and the Nøstet neighbourhood are also on the doorstep. The property will be fully renovated into a commercial building with an additional residential storey on the top floor. The largest tenant in the new development will be the Wikborg Rein law practice. There are plans for restaurant operations on the first and second floors.
The contract includes a new façade attached to the exterior of the existing building fabric to ensure that the building is as energy efficient as possible. The building will be BREEAM certified as Very Good.
“LAB Eiendom and EGD Property have in cooperation with LAB Entreprenør developed an environmentally sound project that will have a positive impact on the city as a whole, and it will be a superb and attractive building for tenants,” says Tormod Solberg, EVP Building at AF Gruppen.
Work is scheduled to start in Q2 2022 with planned completion in Q1 2024.
Keywords
Contacts
CEO LAB Entreprenør: Gard Kvalheim, tel. +47 907 54 394
Tormod SolbergEVP Building
Tel:+47 950 59 495tormod.solberg@afgruppen.noIda Aall GramEVP Property Norway
Tel:+47 918 00 826ida.aall.gram@afgruppen.noImages

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 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.
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
Contract signed with Nedre Romerike vann- og avløpsselskap IKS11.12.2025 10:57:29 CET | Press release
AF Gruppen has been awarded the contract to expand the existing treatment plant for Nedre Romerike vann- og avløpsselskap IKS.
Appointed for new contract at the new Aker Hospital5.12.2025 10:00:42 CET | Press release
Helse Sør-Øst RHF has appointed AF Decom, a company within AF Gruppen, for a contract covering site establishment and coordination as well as interior fit-out works at the new Aker Hospital. The agreement is valued at approximately NOK 155 million excluding VAT and will be executed as a general contract.
Delivering technical HVAC-R Installation to Princess Elisabeth Island in Belgium28.11.2025 13:40:51 CET | Press release
Aeron, a company within AF Gruppen, has entered into an agreement with the HSI Joint Venture, consisting of HSM Offshore Energy, Iemants and Iv – Offshore and Energy, with a value of approximately NOK 150 million excluding VAT.
Awarded contract at Hamra substation25.11.2025 08:14:10 CET | Press release
Kanonaden Entreprenad Mälardalen AB, a company within AF Gruppen, has been awarded the contract to carry out extensive ground and concrete works at Hamra on behalf of Linxon Sweden AB. The project is being undertaken for Svenska kraftnät. It is a turnkey contract valued at SEK 117 million excluding VAT.
Building care homes in Östervåla17.11.2025 16:14:55 CET | Press release
HMB Construction AB, a subsidiary of AF Gruppen, has signed a contract with Hebygårdar AB for the construction of the Tallgården care home in Östervåla. The contract value is SEK 162 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
