AF Gruppen

Regulatory Filings • Jan 21, 2020

To build student homes in Stockholm

To build student homes in Stockholm

Betonmast, a subsidiary of AF Gruppen, has through Betonmast Mälardalen signed a contract with Ailon Partners AB to build 355 student homes in Kista, in western Stockholm. The contract is a design and build contract valued at approximately SEK 300 million excluding VAT. The total gross area is 12,000 square metres.

Occupation is scheduled for the autumn of 2021.

“There is a great need for student accommodation with good living environments, and we are pleased to contribute to the development of more student homes in the Stockholm area,” says Jørgen Evensen, CEO of Betonmast.

For further information:

Jørgen Evensen, CEO Betonmast, Tel: + 47 906 09 310

Amund Tøftum, EVP, AF Gruppen, Tel: + 47 920 26 712