AF Gruppen

Regulatory Filings • Sep 17, 2024

Rehabilitates and expands office building in Oslo

Rehabilitates and expands office building in Oslo

Betonmast, a company within AF Gruppen, has entered into an agreement with Arbeidsmandsforbundets hus AS for the rehabilitation and expansion of an office building at Grubbegata 4-6 in Oslo. The contract is a collaborative project and is valued at approximately NOK 146 million, excluding VAT.

The project includes an office building that will be expanded by about 1,900 m². The existing area of approximately 4,100 m² will be rehabilitated. The building will, among other things, house the Norwegian Workers’ Union. Additionally, there will be outward-facing businesses at street level. The office building will have a green profile, focusing on energy, reuse, and recycling, and plans to be BREEAM certified to BREEAM Very Good Bespoke.

“Betonmast has extensive experience with collaborative and rehabilitation projects in central Oslo. This project suits us well with our expertise in complex extensions and rehabilitation in the city center. We look forward to close cooperation with the customer on this project”, says Peter Sandrup, CEO of Betonmast.

The project has been developed in a collaborative phase. Demolition work has begun, and completion is set for the fourth quarter of 2025.

For further information:

Peter Sandrup, CEO of Betonmast, tel. +47 915 88 645

Bård Frydenlund, EVP Sweden and Betonmast for AF Gruppen, tel. +47 918 68 621