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AF Gruppen

Regulatory Filings • Feb 11, 2020

3522_rns_2020-02-11_10c37394-a9a9-4323-89f9-9b795dadd72c.html

Regulatory Filings

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Building more residential and commercial buildings in Asker

Strøm Gundersen, where AF Gruppen is principal shareholder, has entered into a contract with Tandberg Eiendom to build yet another residential and commercial building at Heggedal Torg.

Strøm Gundersen has already built the first stage of the Heggedal Torg project in Asker and has now been selected as contractor for the next building stage. The client is Tandberg Eiendom AS.

The contract includes construction of a parking basement with commercial and residential areas of 8,907 m2 gross area above. The contract will be carried out as a collaborative turnkey contract, and is valued at NOK 170 million excluding VAT.

Building will start in 2020, and scheduled completion is for November 2021.

For further information:

General Manager, Strøm Gundersen AS: Arne Riise, tel. +47 97 53 12 49

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