Veidekke

Veidekke: To renovate PostNord's headquarters in Solna, Stockholm

Veidekke's subsidiary Arcona has been commissioned by Ursus Real Estate

Management AS to renovate 14,300 m[2] of office area currently leased by

PostNord in the Arken building in Solna. Work on the tenant adaptation project

started in December 2021 and is scheduled for completion by the end of 2022. The

collaborative design and build contract has a value of approx. SEK 117 million.

PostNord has signed a new lease agreement for their head offices in the building

with Arken's owners Ursus. The property will be converted into a multi-tenant

building, in which PostNord will occupy the top three floors, while the

remainder will be leased to other companies.

PostNord has occupied the Arken building since its completion in 2004.

Originally designed by BSK Arkitekter and built by Arcona, the spectacular and

modern, open and efficient building was nominated for the Swedish newbuild of

the year award for 2003. BSK is now contributing to the renovation of the

building, having designed future-proof, activity-oriented office premises with

an emphasis on creating safe post-corona work environments.

"This tenant adaptation is an exciting further development of an iconic

property. Awarding the contract to Arcona feels both safe and self-evident,

based on the project's high knowledge and competence requirements, and on

Arcona's flexibility and pragmatism in a very challenging construction

contracting environment," says Fredrik Kumlin, Chief Investment Officer at Ursus

Real Estate Management.

"It is extremely rewarding to help reshape the property we built two decades

ago. We involved our strategic suppliers at an early stage and have, through the

contract negotiations, been able to secure supplies with long lead-times," says

Peter Kihlman, Project Manager at Arcona.

The contract is included in the order book for the current quarter.

For more information, contact:

Charlotta Nilsén, konserndirektør Veidekke Bygg Sverige, tlf. +46 70-600 30 87

Veidekke press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking

all types of building and civil engineering assignments, the group also

maintains roads and produces asphalt and aggregates. Veidekke emphasises

stakeholder involvement and local experience. Its annual turnover is

approximately NOK 38 billion, and half of its 7,800 employees own shares in the

company. Veidekke is listed on the Oslo Stock Exchange, and has posted a profit

every year since its inception in 1936.

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