AF Gruppen

Regulatory Filings • Mar 2, 2020

Building warehouse on behalf of the Norwegian Defence Estates Agency

Building warehouse on behalf of the Norwegian Defence Estates Agency

Betonmast, an AF Gruppen subsidiary, has signed an agreement with the Norwegian Defence Estates Agency to build a warehouse, logistics and office building at Værnes Air Station. This contract, which is on a collaborative turn key basis, has a value of approximately NOK 130 million excluding VAT, with further options available in addition to this.

The building will be built using steel sandwich panels and prefabricated concrete elements. The total building area will amount to around 6,900 m2 GFA and outdoor areas will total 9,000 m2. Construction is due to begin during the second quarter of 2020, and is scheduled for completion in the first quarter of 2022.

‘This is a great example of how our knowledge and expertise is valued by a serious and important client. This project is a good fit in Betonmast Trøndelag’s portfolio. We look forward to working together with the Norwegian Defence Estates Agency,’ says Betonmast CEO Jørgen Evensen.

For further information:

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

Amund Tøftum, EVP, AF Gruppen, tel. +47 920 26 712