13 Sep 2024 14:04 CEST

Issuer

Veidekke ASA

Bara Eiendom has commissioned Veidekke to build the new LINK office building in
Kronstadparken in Bergen. The 16,400 m2 building is to be environmentally
certified and Veidekke itself will be one of the tenants. The commission is a
design and build contract in collaboration worth NOK 504 million, excluding VAT.

"We have enjoyed good, continuous collaboration with Bara Eiendom for 14 years
and LINK will be the seventh office building in a row that we have built for
them. We are grateful for this renewed confidence and at the same time we are
looking forward to moving into what will be the largest building in
Kronstadparken to date," says Thor Småbrekke, district manager at Veidekke Bygg
Bergen.

LINK will be of high quality, in line with other new buildings that make up
Kronstadparken with a central location between Fjøsangerveien (E39) and Bergen
Light Rail. The building will be 16,400 m2 spread over eight floors above ground
and two basement levels with excellent cloakroom facilities, indoor cycle
parking and car parking, among other things.

Common facilities in the building include a meeting room centre, game zone,
podcast studio and a great in-house restaurant. The project emphasises
biodiversity, smart technology and smart use of resources, energy optimisation,
reuse and flexible solutions for easy rebuilding if this should be needed in the
future. On the roof, there will be a garden inspired by nature with a large
percentage of native vegetation, as well as production of fruits, berries,
vegetables and herbs. The building is to be certified according to the BREEAM
-NOR Excellent standard and energy class A.

Ground and basement works will start in June, while the rest of the construction
works will start shortly afterwards. Planned completion is in December 2026. The
contract is included in Veidekke's order book for Q3 2024. Read more about the
project here. (https://kronstadparken.no/ibl-18/)
For further information, please contact:
Thor Småbrekke, District Manager, Veidekke Bygg Bergen, tel. +47 93 43 06 60,
thor.smaabrekke@veidekke.no (are.westbye@veidekke.no)
Veidekke Communications Manager Helge Dieset, +47 90 55 33 22,
helge.dieset@veidekke.no

Veidekke's press photos (https://urldefense.proofpoint.com/v2/url?u=https
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Veidekke (http://www.veidekke.no) 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 43 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.


Source

Veidekke ASA

Provider

Oslo Børs Newspoint

Company Name

VEIDEKKE, Veidekke ASA 18/25 3,20%

ISIN

NO0005806802, NO0010819261

Symbol

VEI

Market

Oslo Børs