Regulatory Filings • Nov 30, 2022
Regulatory Filings
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To build apartments in Stavern
Betonmast, a subsidiary of AF Gruppen, has signed a contract with Agnes Utvikling and Larvik Boligbyggelag to build 41 apartments in Stavern. The contract is a turnkey contract valued at approximately NOK 136 million, excluding VAT.
The Sjøparken project comprises 41 apartments in two buildings. The total gross area is approx. 3,400 m2. In addition, outdoor areas and docking facilities will be developed.
“Following a good collaboration period, we are now looking forward to continuing the good partnership with Agnes Utvikling and LABO in the execution phase of this project,” says Peter Sandrup, CEO of Betonmast.
Construction is scheduled to begin during Q1 2023, and is expected to be completed in Q4 2024. The final go ahead for construction is contingent on sufficient advance sales.
For further details, please contact:
Peter Sandrup, CEO of Betonmast, tel.: +47 915 88 645.
Bård Frydenlund, EVP, Sweden and Betonmast for AF Gruppen, tel.: +47 918 68 621
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