AF Gruppen

Regulatory Filings • Apr 22, 2022

Building office building in Sandefjord

Building office building in Sandefjord

Betonmast, a subsidiary of AF Gruppen, has entered into an agreement with Søeberg Gate 3 AS for the construction of an office building in Sandefjord. The contract is a collaborative construction project with a value of approximately NOK 110 million, excluding VAT.

The SG3 Project includes the construction of a four-storey office building with a parking basement and four apartments on the top floor. The total GFA is approx. 4,750 square metres. The building will be BREEAM certified as Very Good.

“Betonmast values construction clients who have clear environmental ambitions, so this project suits us well. We’re looking forward to a good partnership and to starting the project,” says Jørgen Evensen, CEO of Betonmast.

Construction is estimated to start in the second quarter of 2022, with handover in the third quarter of 2023.

For further details, please contact:

Jørgen Evensen, CEO of Betonmast, Tel.: +47 906 09 310

Bård Frydenlund, Executive Vice President, Sweden and Betonmast for AF Gruppen, tel.: +47 918 68 621