AF Gruppen

Regulatory Filings • Nov 22, 2017

Strøm Gundersen to build Diakonhjemmet Hage

Strøm Gundersen to build Diakonhjemmet Hage

Strøm Gundersen AS, in which AF Gruppen is the principal shareholder, has been selected as contractor to build 124 apartments for the project Diakonhjemmet Hage - Omsorg +. The client is Det norske Diakonhjem.

The contract includes construction of 18,600 square meters. Diakonhjemmet Hage - Omsorg + will be certified according to BREEAM-NOR Very Good.

The contract is a turnkey contract valued at NOK 327 million, excluding VAT.

Building will commence spring 2018 with completion 23 months later.

For further information:

CEO, AF Gruppen ASA: Morten Grongstad,

tel. +47 99 15 39 05

EVP Building Greater Oslo and Sweden, AF Gruppen ASA:

Henning Olsen, tel. +47 91 74 15 92

General manager, Strøm Gundersen AS:

Arne Riise, tel. +47 97 53 12 49