AF Gruppen

Business and Financial Review • Dec 23, 2020

To build 75 apartments in Örebro

To build 75 apartments in Örebro

AF Gruppen’s subsidiary HMB Construction is to build 75 apartments and a kindergarten on behalf of ÖBO, ÖrebroBostäder. The contract is worth a total of SEK 168 million, excluding VAT.

The homes are to be built in the Södra Ladugårdsängen area - a brand new neighbourhood two kilometres south of the city centre in Örebro, which is undergoing rapid growth.

The municipal housing company ÖBO has signed a contract with HMB to provide 75 rental apartments divided across two buildings. A kindergarten with capacity for up to five classes will be housed in the ground floor of one of the two buildings. The other building will have underground parking.

“This assignment is the very first for HMB Construction in our recently established branch in Örebro. We are thrilled to be involved in the development of the city of Örebro,” says Bård Frydenlund, EVP of AF Gruppen and responsible for Swedish operations.

Production is scheduled to commence in the spring of 2021 with occupancy planned for the summer of 2023. The properties will be built and certified according to the Environmental Building Silver scheme.

Örebro is one of the fastest growing municipalities in Sweden with approximately 150,000 residents and a growth rate of around 2,000 people per annum. Södra Ladugårdsängen will eventually comprise 3,000 new homes built in proximity to the city centre, sporting facilities and areas of natural beauty.

For further information:

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

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