AF Gruppen to build 83 flats at Røa in Oslo

AF Gruppen to build 83 flats at Røa in Oslo

AF Gruppen has signed a contract with Aslakveien 20 AS (OBOS Nye Hjem AS 97,5 % and Union Eiendomskapital AS 2,5 %) to build the second stage of the Røakollen housing development at Røa in Oslo.

Røakollen is a new housing project developed by OBOS close to the centre of Røa, and with immediate access to the green spaces in Mærradalen. A total of 360 apartments in five buildings will be erected at Røakollen in the years ahead. AF Gruppen has already been awarded the contract for the first construction stage comprising 130 apartments.

The second stage includes 83 apartments in a building with a subterranean cellar. The project will be carried out as a design and build contract and has an estimated value of NOK 191 million, excluding VAT. Planning and design has started, and demolition of existing buildings will be carried out in Q2 and Q3 2017. Construction is scheduled to start in Q3 2017, with completion in Q1 2020. The construction of the apartments is subject to adequate advanced sales. 

“We greatly appreciate the confidence OBOS and Union have shown in us by awarding AF Gruppen this contract. We look forward to starting work in good cooperation with the client,” says CEO of AF Gruppen, Morten Grongstad.

For further information:
CEO: Morten Grongstad, tel. +47 99 15 39 05
EVP Building: Henning Olsen, tel. +47 917 41 592

Published: 5/19/2017