Veidekke

Veidekke ASA: To build office building in Kristiansand

Veidekke is to build the first of five office buildings in the Quadrum project

in the centre of Kristiansand for Bane NOR Eiendom after working on its design

throughout 2019. This is a design and build construction contract valued at

approx. NOK 150 million, excluding VAT and with options.

Bane Nor Eiendom established Quadrum AS to develop five buildings on the

"triangle site" between Kristiansand station, the E39 road and the Kvadraturen

city district, with excellent views toward the fjord and the surrounding

landscape. The goal is that this hub development will become one of the most

important landmarks for urban development in South Norway.

The first construction stage that Veidekke will build, the E building, will

comprise approx. 6,500 m[2] of office premises on eight floors and 1,700 m[2] of

basement space. The site has an attractive exposure towards the fjord and the

Kvadraturen city district, and the scale of the building indicates that it will

be a prominent and noteworthy reference building in the heart of Kristiansand.

The contract with Veidekke also includes options for outdoor work and

groundworks with pipes and cables.

"After enjoying a lengthy and good partnership with Bane NOR Eiendom on the

design work, we are now grateful and proud to have won the actual construction

contract as well. We have extensive expertise on commercial buildings of this

type in Veidekke, and we are particularly excited to erect a landmark building

that is so central and visible to everyone in our city," says district manager

Atle Monan of Veidekke.

Building is scheduled to start in June with completion in December 2021. More

information on the Quadrum project: https://quadrum.no/forste-bygg/

For more information, contact:

District Manager Atle Monan, tel. +47 95 14 27 40, [email protected]

Communications Manager Helge Dieset, tel. +47 90 55 33 22,

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

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Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads, and

produces asphalt and aggregates. The company is known for its engagement and

local knowledge. Annual turnover is approximately NOK 39 billion and around half

of its 8600 employees own shares in the company. Veidekke is listed on the Oslo

Stock Exchange and has always posted a profit since it was founded in 1936.

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