Veidekke: Building more homes in Lille Løren Park

27 Feb 2023 12:43 CET

Nordr and Selvaag Bolig have awarded Veidekke a new commission in the Lille
Løren Park project in eastern Oslo. Now the second stage of construction will be
built comprising 99 eco-certified apartments in two blocks with underground
parking. The contract is a design and build contract valued at around NOK 300
million excluding VAT.

"We really appreciate being able to extend the good partnership with Lille Løren
Park. We've been involved in developing the project since its inception, just as
we prefer. The fact that the homes will be eco-certified is also something we
really appreciate as executing contractor," says Head of Department Kaare Gilhus
of Veidekke Bygg Oslo.

At Løren, a new city district has emerged in an area that previously housed
industry and a military camp. When completed, Lille Løren Park will comprise 348
eco-certified apartments and a kindergarten according to the BREEAM-NOR
standard. The second construction stage consists of 47 and 52 apartments
respectively in two apartment blocks from four to eight storeys, and large
common roof terraces offer views of the city and fjord.

"There is still a great need for homes in Oslo, and we're pleased to start
construction of yet another project at Løren. Along with Veidekke, Nordr and
Selvaag Bolig have succeeded in negotiating a difficult cost climate and can
offer attractive homes with high focus on sustainability. We can see that our
customers appreciate this," says CEO Pål Aglen of Nordr Norge and deputy CEO
Øystein Klungland of Selvaag Bolig.

Construction work has already started, and occupation is scheduled for December
2024. Read more about the project
here (https://www.selvaagbolig.no/oslo/lillelorenpark/?utm_source=google&utm_med
i
um=cpc&utm_campaign=oslo-lille-l%C3%B8ren
-park&gclid=Cj0KCQjw5ZSWBhCVARIsALERCvxCGl8avloCckXVlQkNo2l23mF7V
-AMw6Wx9JQp0PfH3yu41GubRCkaAs7FEALw_wcB). The commission is included in
Veidekke's order book for the fourth quarter of 2022.
For further information, please contact:
Head of Department Kaare Gilhus at Veidekke Bygg, tel. +47 45 03 01 97,
kaare.gilhus@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 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. Annual turnover is approx. NOK 39
billion, and almost 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.

More information:
Access the news on Oslo Bors NewsWeb site