Veidekke

Regulatory Filings • Nov 21, 2018

Veidekke ASA: To build for Entra in Trondheim

Veidekke ASA: To build for Entra in Trondheim

Veidekke has been awarded the contract to erect a nine storey, environmentally

-certified office building in Trondheim city centre. The client is Entra ASA,

and the largest tenant will be the Tax Administration. This is a turnkey

construction contract valued at NOK 223 million, excluding VAT.

The building will be certified in accordance with the BREEAM-NOR Excellent

environmental standard with A energy labelling. The project will have a central

location in Holtermanns veg close to the Lerkendal stadium. The office building

will comprise 11,500 m2across nine floors and a basement.

The façades will be anodised aluminium, with large glass surfaces on the ground

and first floors facing a courtyard on ground level with opportunities for

outdoor dining. The ground floor will have a staff restaurant, coffee bar and

customer service point for visitors to the Tax Administration. The basement will

have a large number of parking spaces for bicycles with a bicycle wash and

changing facilities.

The office floors will be functional, flexible and efficient with a modern

expression and robust materials. Future-oriented technical solutions, ample

ceiling heights and rational load-bearing structures will allow the building to

adapt to its users. The Tax Administration will be the main tenant in the

building, and will occupy the lower five floors.

"We're looking forward to welcoming the Tax Administration's employees to the

new building in the axis of knowledge at Elgeseter in Trondheim. The planning

and construction of the new building in Holtermannsveg is a major project for

Entra and important for developments in this city district," says Director of

Project Development Per Ola Ulseth of Entra.

"We would like to thank Entra for the confidence they have shown in us and for

the contract. Developing and building future-oriented environmental buildings is

something we really appreciate doing. Veidekke and the Tax Administration also

have a countrywide agreement where we cooperate in the struggle against crime in

the building and construction industry. This makes it all the more fitting that

the Tax Administration will occupy the building," says District Manager Ståle

Brovold of Veidekke.

Construction has already started, and the building is scheduled for completion

in January 2020.

For more information, contact:

Head of department Torgeir Wiig, tel. +47 95 02 07 30, torgeir.wiig@veidekke.no

District Manager Ståle Brovold, tel. +47 90 77 28 19, stale.brovold@veidekke.no

Communications Manager Helge Dieset, tel. +47 90 55 33 22,

helge.dieset@veidekke.no

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Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads, and

produces asphalt and aggregates. The company is known for its involvement and

local knowledge. Revenue is almost NOK 32 billion, and half of the 8,000

employees own shares in the company. Veidekke is listed on the Oslo Stock

Exchange and has always posted a profit since it was founded in 1936.