To expand Lagunen Shopping Center in Bergen

26 Sep 2023 14:30 CEST

LAB Entreprenør AS, a subsidiary of AF Gruppen (AFG), has entered into a turnkey
contract with Lagunen DA for the expansion of Lagunen Shopping Center in the
Fana district in Bergen. The contract is a turnkey contract with an approximate
value of NOK 365 million excl. VAT.

The development has been achieved through an efficient collaborative phase
between LAB Entreprenør and Lagunen DA.

The center is to be expanded over the car park south of the main entrance. The
expansion includes a parking level and five floors of office and retail space
above the parking area. The total new area is approximately 15,000 square
meters. In the existing center, approximately 3,200 square meters will be
renovated to accommodate the new expansion.

The project has a challenging design with high-quality features, where the
facades are primarily glass facades with wide horizontal aluminum fins serving
as sunshades. Inside, there will be a large atrium with features such as green
walls.

Outdoors, the project includes the renovation of the road Laguneveien, the
development of a new public square east of the new building, new access areas,
and areas for outdoor dining along the facades of the new building. The building
is planned to have an energy class A rating, and there are plans for the reuse
of existing facades that need to be dismantled as part of the shopping center's
expansion.

Work commenced in the third quarter of 2023, with completion planned for the
first quarter of 2026.


For further details, please contact:
Gard Kvalheim, CEO of LAB Entreprenør, tel. +47 907 54 394
Tormod Solberg, EVP Building for AF Gruppen, tel. +47 950 59 495

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