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AF Gruppen

Regulatory Filings Dec 8, 2021

3522_rns_2021-12-08_38d26d32-7cd4-4ee4-bf4f-04372120f0ba.html

Regulatory Filings

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To build apartments in central Malmö

To build apartments in central Malmö

Betonmast, a subsidiary of AF Gruppen, has signed a contract with the real estate developer Rikshem for the construction of 260 apartments in central Malmö. The contract, which is a turnkey contract, has a value of approximately SEK 270 million excl. VAT.

The project includes the construction of 260 apartments in two buildings with underlying garage facilities. The total area is about 14,000 square meters. The project will be environmentally certified in accordance with Miljöbyggnad Silver.

“This is a project with high sustainability requirements, says Jørgen Evensen, CEO of Betonmast. We look forward to a good collaboration with Rikshem and to contribute to more housing in central Malmö”

Construction will start during Q1 2022 with expected completion Q1 2024.

For further details, please contact:

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

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

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