AF Gruppen ASA

To build 115 apartments outside Stockholm

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AF Gruppen’s subsidiary HMB has entered into an agreement to build 115 apartments in a residential project for OBOS in Sollentuna outside Stockholm.

The contract is valued at SEK 270 million, excluding VAT. Planned startup is towards the end of 2021, with occupation planned for the summer of 2023. The project will be carried out as a design and build contract. Commencement is subject to sufficient advance sales.

The project is the first ever to be realised by OBOS Nya Hem in Sweden, who offers attractive homes in attractive locations in the three major Swedish city regions. The project will create a completely new neighbourhood, inspired by the modern garden city with a mix of small and large apartments surrounding a central green courtyard. The homes are designed in accordance with Miljöbyggnad Silver.

“We are looking forward to realising this project. Sollentuna is ranked as one of the best municipalities to live in in Sweden, with proximity to both green areas, water and the city of Stockholm. Sollentuna is growing, and in the course of the next ten years it is estimated that around 500 new homes will be built every year,” says Bård Frydenlund, EVP with AF Gruppen.

The 115 apartments are in the first construction stage of the project, and an option has been signed for the second building stage, which will comprise homes with a townhouse character.

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About AF Gruppen ASA

AF Gruppen ASA
AF Gruppen ASA
Innspurten 15
0603 Oslo

+47 22 89 11 00https://afgruppen.com

AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 5,500 employees and revenue reached NOK 27 billion in 2020. 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.

www.afgruppen.com

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