24 Sep 2024 11:00 CEST

Issuer

AF Gruppen ASA

HMB, a subsidiary of AF Gruppen, has been commissioned to construct a total of
333 new apartments in the Stockholm area on behalf of Reliwe. The project will
be carried out as a turnkey contract with a total contract value of
approximately SEK 459 million excluding VAT.

The project is divided into two phases. Phase 1 includes 84 apartments.
Construction for phase 1 is planned to start at the turn of the year 2024/2025,
with occupancy expected in September 2026. Phase 2 includes an additional 249
apartments, with construction planned to start in April 2025, and the final
occupancy expected in December 2027.

“We look forward to collaborating with Reliwe to realize this significant
residential project. HMB is proud to contribute to the development of a modern
and sustainable residential project in the Stockholm region,” says Bård
Frydenlund, Executive Vice President at AF Gruppen.


For further information, please contact:

Bård Frydenlund, EVP Sweden and Betonmast, tel: +47 918 68 621
Per Wiker, Managing Director of HMB Construction AB, tel: +46 702 06 70 52


Source

AF Gruppen ASA

Provider

Oslo Børs Newspoint

Company Name

AF GRUPPEN

ISIN

NO0003078107

Symbol

AFG

Market

Oslo Børs