AF Gruppen

Related Party Transaction • Nov 19, 2021

To build more residences in growing Eskilstuna

To build more residences in growing Eskilstuna

AF Gruppen’s subsidiary HMC Construction has entered into an agreement to build 67 condominium apartments for OBOS Kärnhem in Eskilstuna.

The value of the contract is SEK 126 million excluding VAT, and the contract will be carried out as a turnkey contract. Commencement is subject to sufficient advance sales.

The 67 homes in i Brf Bolinder will be built in Norra Munktellstaden, which formerly was Eskilstuna’s largest industrial area. Today Munktellstaden is a modern city district with new homes, sports facilities and cultural events.

Brf Bolinder comprises a gross area of 7,500 square metres on four storeys with a fifth drawn-in attic. The quarter, which is the second of four stages, will have brick facades with a link to the historic industrial buildings.

“HMB has a good standing in the area following a newly-concluded housing project, and together with OBOS we’re looking forward to building further homes for a growing Eskilstuna,” says Bård Konrad Frydenlund, EVP of AF Gruppen Sverige.

Brf Bolinder is scheduled to start construction in the spring of 2022 following a building permit and the client’s decision to start building.

Occupation is scheduled for the second quarter of 2024.

For further information:

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

Andreas Rydbo, CEO AF Gruppen Sweden, tel. +46 31 762 40 03