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Veidekke

Regulatory Filings Sep 14, 2023

3781_rns_2023-09-14_753dc57d-32a1-4851-9e74-c782fe2e8c4c.html

Regulatory Filings

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Veidekke: Builds student housing in Kristiansand

Veidekke: Builds student housing in Kristiansand

After completing the interaction phase, Veidekke has signed a contract with the

Student Welfare Organisation in Agder (SiA) to construct two buildings in solid

wood with housing for 400 students, commercial areas and underground parking in

Kristiansand. This commission is a design and build contract worth almost NOK

450 million, excluding VAT.

"We would like to thank SiA for their good, close cooperation during the

interaction phase and that we have now also been awarded the actual construction

commision. There is a great need for more student housing in Kristiansand and it

is a great pleasure for us to build something that means so much to many people

here in the city. Veidekke has built beautiful student housing in solid wood in

many towns and cities around the country, which is why we are now pleased to

build the same here in Kristiansand," says district manager Atle Monan of

Veidekke Bygg Agder.

The project is located at Lund Torv near the city centre and consists of two

buildings in solid wood of five and six storeys above ground. The total area is

just over 17,000 m[2], which will accommodate 400 students in 371 residential

units plus commercial areas on the ground floor and a parking facility in the

basement. There will also be common functions such as laundry, storage rooms,

bicycle parking and caretaker areas, as well as development of the outdoor area

between the buildings.

Demolition work will start next week and building is scheduled to start in early

October, with occupation in time for the start of studies in August 2025.

For further information, please contact:

District Manager Atle Monan, tel +47 38 03 12 37, [email protected]

Communications Manager Helge Dieset, tel. +47 90 55 33 22,

[email protected]

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

-Pressebilder-Veidekke/)

Subscribe to messages from

Veidekke (http://veidekke.com/no/borsmeldinger/abonner-pa-meldinger/)

Veidekke (http://www.veidekke.no) is one of Scandinavia's largest contractors.

In addition to undertaking all types of building and civil engineering

assignments, the group also maintains roads and produces asphalt and aggregates.

Veidekke emphasises stakeholder involvement and local experience. Annual

turnover is approx. NOK 39 billion, and almost half of its 8,000 employees own

shares in the company. Veidekke is listed on the Oslo Stock Exchange and has

posted a profit every year since its inception in 1936.

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