AF Gruppen

Regulatory Filings • May 13, 2024

Building even more homes for OBOS at Fornebu

Building even more homes for OBOS at Fornebu

AF Gruppen has entered into an agreement with Storøykilen Utvikling AS, a wholly-owned subsidiary of OBOS Fornebu AS, to build Block 4 in the residential project Storøykilen at Fornebu in Bærum. The project will be carried out as a turnkey contract and has a value of approximately NOK 425 million excluding VAT.

Storøykilen Block 4 consists of 90 homes distributed across three apartment buildings with shared basements and customized outdoor areas. AF is also constructing the first three blocks for OBOS in Storøykilen. The homes in Block 4 will be built to high standards with carefully chosen materials and are located in close proximity to Nansenparken and Oksenøya on Fornebu. The contract also includes infrastructure and shared outdoor spaces for the development. The buildings will be constructed with high environmental ambitions.

Construction is planned to begin in August, with expected completion in the third quarter of 2026.

“Storøykilen is a beautiful area, and we are very pleased to continue our good collaboration with OBOS at Fornebu. Together, we look forward to building attractive homes and further developing the area to meet the needs of the residents,” says Tormod Solberg, EVP Building at AF Gruppen

For further details, please contact:

EVP Building, AF Gruppen: Tormod Solberg, tel. +47 950 59 495

CEO, AF Gruppen, Amund Tøftum, tel.: +47 920 26 712