31 Mar 2023 11:30 CEST

Issuer

AF Gruppen ASA

Helgesen Tekniske Bygg AS, a subsidiary of AF Gruppen, has entered into an
agreement with Kokstaddalen 7 AS regarding the construction of the new
commercial building Kokstad Mobilitetspark at Kokstad in Bergen. The agreement
is a turnkey contract and has a value of NOK 287 million excl. VAT.

Kokstad Mobility Park will be a 16,500 m2 large and modern business premises
with 3,900 m2 of covered outdoor space and 4,250 m2 of roof parking. The
building itself was designed by SE Arkiktetur and is designed for
energy-efficient solutions. When the project is over, it will house several
tenants such as Kverneland Bil, Tesla Karosseriverksted, Mycar, Dekkstra,
Bilbyen and Intakt.

"This is a large and exciting project for us, and we believe the mobility hub
will help create synergies for existing players in the area," says Ronny
Laastad, CEO of HTB.

Construction work will start in the first quarter of 2023 with planned
completion in the third quarter of 2024.


For further details, please contact:
Ronny Laastad, CEO of Helgesen Tekniske Bygg, tel.: +47 934 63 581
Tormod Solberg, EVP Building for AF Gruppen, tel.: +47 950 59 495


Source

AF Gruppen ASA

Provider

Oslo Børs Newspoint

Company Name

AF GRUPPEN

ISIN

NO0003078107

Symbol

AFG

Market

Oslo Børs