Veidekke

Veidekke ASA: Signed collaboration contract in Gothenburg

Veidekke's Swedish subsidiary BRA Bygg has signed a collaboration contract with

Global Business Gate regarding the construction of a new office building project

in Gothenburg.

The 46,000 m[2] project will be located on the new peninsula at Masthuggskajen,

which is becoming a desirable addition to central Gothenburg. The project has

attracted great interest, and letters of intent have already been signed for

more than half of the office premises.

"Together with BRA Bygg, we are now starting work on the construction of Global

Business Gate, which will be an innovative hub and meeting place for export

-oriented and international businesses. After many years of planning the

project, we are pleased to tell you about our collaboration with a contractor on

the actual construction," says Michael Walmerud, CEO of Global Business Gate.

"We look forward to working with the Global Business Gate team on the

construction of the project, which takes place at one of Gothenburg's best

office locations," says Magnus Riemer, CEO of BRA AB.

The collaborative phase of the project has commenced. The building contract will

be included in Veidekke's order book once the collaboration phase has been

concluded and a construction contract is signed.

The Global Business Gate office project will be a hub for internationally

oriented companies. Owned by Elof Hansson Fastigheter and Alecta Fastigheter,

Global Business Gate will comprise two buildings with a total gross area of

46,000 m[2]. The buildings, of 26 and 12 floors respectively, will be built on a

new peninsula that juts out approximately 100 meters into the river Götaelven at

Masthuggskajen in central Gothenburg. The first tenants are expected to move in

by late autumn 2027. See globalbusinessgate.se.

For more information, contact:

Jørgen Wiese Porsmyr, Group CFO Veidekke, ph. +47 907 59 058

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

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

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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 39 billion, and half of its 8,000 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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