AF Gruppen

Business and Financial Review • Jun 21, 2021

Building 121 apartments on historic ground in Gävle

Building 121 apartments on historic ground in Gävle

AF Gruppen‘s subsidiary HMB Construction has entered into an agreement to build 121 apartments for Riksbyggen in Gävle city centre.

The contract is valued at around SEK 160 million, excluding VAT. Planned startup is at the 2021/2022 turn of the year, with occupation planned for the autumn/winter 2023. The project will be carried out as a design and build contract. Provisions have been made for Government investment for the project.

The homes will be in two buildings three and six storeys in height, and will contain retail premises on the lower floor. The homes are designed in accordance with Miljöbyggnad Silver.

“It is very inspiring to establish residential areas in city districts with a rich cultural history, and we’re looking forward to building homes with stringent environmental requirements and a good quality of living,” says Bård Frydenlund, EVP with AF Gruppen.

The project is located in the new Godisfabriken area, which is built on historic ground in the eastern part of Gävle city centre. For almost 100 years the famous Läkerol lozenge was produced here by the Ahlgrens family company. The new city district will comprise diverse homes based on both rental and housing partnerships, terraced houses and student bedsits. In the area there will also be shops, restaurants, cafes and a market hall that will be built in the former factory premises.

For further details, please contact:

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

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