AF Gruppen

Regulatory Filings • Sep 24, 2024

Building a Large Residential Project in the Stockholm Area

Building a Large Residential Project in the Stockholm Area

HMB, a subsidiary of AF Gruppen, has been commissioned to construct a total of 333 new apartments in the Stockholm area on behalf of Reliwe. The project will be carried out as a turnkey contract with a total contract value of approximately SEK 459 million excluding VAT.

The project is divided into two phases. Phase 1 includes 84 apartments. Construction for phase 1 is planned to start at the turn of the year 2024/2025, with occupancy expected in September 2026. Phase 2 includes an additional 249 apartments, with construction planned to start in April 2025, and the final occupancy expected in December 2027.

“We look forward to collaborating with Reliwe to realize this significant residential project. HMB is proud to contribute to the development of a modern and sustainable residential project in the Stockholm region,” says Bård Frydenlund, Executive Vice President at AF Gruppen.

For further information, please contact:

Bård Frydenlund, EVP Sweden and Betonmast, tel: +47 918 68 621

Per Wiker, Managing Director of HMB Construction AB, tel: +46 702 06 70 52