AF Gruppen

M&A Activity • Jan 16, 2025

To build new office building in Horten

To build new office building in Horten

Strøm Gundersen Vestfold, a subsidiary of AF Gruppen, has been selected by Kaldnes Utvikling AS as the contractor for the construction of a new office building in Horten. The contract will be executed as a collaborative contract and has a value of approximately NOK 108 million excluding VAT.

The project includes the design and construction of the new office building with four floors and associated outdoor works. The total project area is 4,100 square meters gross floor area (GFA). The building will be one of Horten’s most modern and environmentally friendly office buildings, located near the city center and harbor area.

“We greatly appreciate the trust from Kaldnes Utvikling AS for the task of designing and building Havneportalen. We look forward to continuing the good cooperation in the implementation of the project”, says Yngvar S. Brekke, general manager of Strøm Gundersen Vestfold.

Construction is to start January 2025, with estimated construction time of 16 months.

For further information:

Yngar S. Brekke, General manager Strøm Gundersen Vestfold, tel.: +47 932 42 021

Tormod Solberg, EVP of Building for AF Gruppen, tel.: +47 950 59 495