AF Gruppen ASA

To build 163 mass timber apartments as FutureBuilt-project


AF Gruppen has entered an agreement with Fyrstikkbakken 14 AS to build 4 apartment blocks in mass timber consisting of 163 apartments. Fyrstikkbakken 14 is a FutureBuilt-project with a goal of reducing the carbon footprint by 50 %. Fyrstikkbakken 14 is owned 50/50 by Birk & Co AS and AF Eiendom.

Illustration: Fyrstikkbakken 14 AS
Illustration: Fyrstikkbakken 14 AS

Fyrstikkbakken 14 consist of 163 apartments distributed on 4 apartment blocks with an underlying parking basement and corresponding green areas in connection with the surrounding public areas. The project is in proximity of public facilities as subway, train and kindergartens at Hellerud. Fyrstikkbakken 14 is FutureBuilts first commercial apartment project in mass timber.

The project has been developed in interaction between Fyrstikkbakken 14 and AF Gruppen, and is to be carried out as a design and build contract with a value of approximately MNOK 370 ex. VAT. The starting sale has had a good response in the market, engineering will start immediately, and construction is scheduled from Q2 2021. The project consists of one building step with expected completion Q4 2023.

- It has been exiting to develop this mass timber project with Birk & Co and AF Eiendom. We are looking forward to cooperating further on completing the first mass timber apartment project of this scale in Norway. The project suits AF Gruppen’s strategy on sustainable and innovative projects with a goal of 50 % reduction in carbon footprint and effective use of digital tools, says Tormod Solberg, EVP at AF Gruppen.



Illustration: Fyrstikkbakken 14 AS
Illustration: Fyrstikkbakken 14 AS

About AF Gruppen ASA

AF Gruppen ASA
AF Gruppen ASA
Innspurten 15
0603 Oslo

+47 22 89 11 00

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.

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