AF Gruppen

Regulatory Filings • Nov 20, 2020

Building apartments for OBOS at Fornebu

Building apartments for OBOS at Fornebu

AF Gruppen has signed a contract with Storøykilen Utvikling AS, a wholly owned subsidiary of OBOS Fornebu AS, to build the residential project Storøykilen stage 1 at Fornebu in Bærum.

Storøykilen stage 1 comprises 103 apartments in 3 buildings with underground parking. The homes have a high standard and well thought-out material choices, and are located in immediate proximity to Nansenparken and Oksenøya at Fornebu. The homes will be built in accordance with high environmental requirements and will be environmentally certified as BREEAM Very good.

The project will be carried out as a design and build contract and is valued at NOK 337 million excluding VAT. According to schedule, construction will start in April 2021, and completion is expected in Q2 2023.

“We have had a good partnership with OBOS Fornebu up until signing the contract today. Now we are looking forward to starting the implementation phase by creating good home with high environmental requirements along with the leading property development player at Fornebu,” says Tormod Solberg, EVP for Building with AF Gruppen.

For further details, please contact:

EVP Building: Tormod Solberg, tel. +47 994 01 510

CEO: Amund Tøftum, tel. +47 920 26 712