To build 71 apartments in transformation project

Kværnerhøyden is localized on Nygårdshøyden by Svartdalsparken in Oslo. Kværnerhøyden consists of 71 apartments distributed on two blocks of 12 and 5 floors, with an underlying parking basement, roof top terraces and a townhouse, all with brick facades. The existing industry will be transformed to an attractive living area with green public facilities that integrate Kværnerhøyden in the public surroundings amongst Alnaelven.
The project will be carried out as a design and build contract with a value of approximately MNOK 150 ex. VAT. The apartments are near fully sold out, engineering will start in Q2 and construction is scheduled from Q3 2021. The project consists of one building step with expected completion Q2 2023.
- We have had a long collaboration with Fredensborg Bolig to enable the project and we are looking forward to contributing in transforming this existing industry area to the beautiful residential area that is being planned. The project fits well with our strategy for sustainable projects. It is also pleasant to enter into the first contract with a new, large and long-term client such as Fredensborg Bolig, says Tormod Solberg, EVP at AF Gruppen.
Keywords
Contacts
Amund TøftumCEO
Tel:+47 920 26 712Amund.Toftum@afgruppen.noTormod SolbergEVP Building
Tel:+47 950 59 495tormod.solberg@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
Building production facility in Ølen30.6.2025 15:00:00 CEST | Press release
Helgesen Tekniske Bygg AS (HTB), a company within AF Gruppen, has signed a turnkey contract with Øvrehagen 2 AS for an extension to Fatland Ølen’s production facility in Ølen. The contract value is NOK 213 million excluding VAT.
Awarded contract from Forsvarsbygg23.6.2025 08:05:00 CEST | Press release
Helgesen Tekniske Bygg AS (HTB), a subsidiary of AF Gruppen, has received a contract award notification from Forsvarsbygg for the construction of a building as a turnkey project. The assignment will have a value of NOK 158 million excluding VAT.
AF Gruppen acquires Eviny Solutions20.6.2025 08:38:55 CEST | Press release
AF Gruppen takes a position within electrical infrastructure and has entered into a share purchase agreement to acquire 80 percent of the shares in Eviny Solutions.
Onshore Disposal Services Contract for AF Gruppen12.6.2025 13:15:27 CEST | Press release
AF Gruppen has today received a notification of award for a contract from Heerema Marine Contractors (HMC) for the engineering, receipt, dismantling and recycling of a production platform from the UK sector of the North Sea.
Building power station in Gothenburg5.6.2025 13:32:39 CEST | Press release
AF Bygg Väst, a part of AF Gruppen Sverige, has been commissioned by the Port of Gothenburg to construct a new power station in Skandiahamnen, Gothenburg. The contract is a turnkey project with a contract value of SEK 129 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