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AF Gruppen

Regulatory Filings Nov 3, 2020

3522_rns_2020-11-03_bba5b5a9-a2c0-4210-8644-7f56cf5ec268.html

Regulatory Filings

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Construction project on behalf of Fram Eiendom in Skøyen

Construction project on behalf of Fram Eiendom in Skøyen

AF Gruppen (AFG) has entered into an agreement with Thune Eureka (Fram Eiendom) to build a new office building in the Skøyen district of Oslo at Drammensveien 126.

The contract encompasses construction of a nine storey office in addition to basement areas. The total gross area for this project is approximately 11,000 m2. The building will achieve an A-grade energy rating and be classified as ‘Very good’ in accordance with the BREEAM-NOR environmental standard.

The NOK 285 million (excl. VAT) contract will be executed as an engineering, procurement and construction contract. Construction is scheduled to start in the fourth quarter of 2020, with completion in the first quarter of 2022.

"Together with the real estate developer Thune Eureka, we are going to build a signature building at the gateway to the Skøyen neighbourhood in Oslo. We look forward to constructing a modern, future-oriented office and commercial building with high-reaching environmental ambitions - all as part of a great partnership with our customer," says Tormod Solberg, EVP Building at AF Gruppen.

For further information:

EVP Building: Tormod Solberg, tel. +47 950 59 495

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

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