AF Gruppen ASA

AF Gruppen to build 149 apartments at Grünerløkka

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AF Gruppen has signed a contract with Sofienberggaten 21-23 AS to build the residential project “Mills-kvartal” at Grünerløkka in Oslo. The residential development company is owned by Agra, Canica and Macama (40 % / 40 % / 20 %).

The contract comprises building 149 apartments in five structures with a cellar. In addition to the apartments, the project will also include a day care centre, commercial premises for cafes and shops, and a park in the centre of the quarter.

The Mills quarter is centrally located at Grünerløkka and just next to the Sofienberg park. Up until 2013 the property was used for food production by Mills fabrikker.

The project will be carried out as a design and build contract and is valued at NOK 400 million excluding VAT. Construction will start in August 2018, and completion is expected in Q1 2021. Sufficient sales for starting the project have been achieved, and the board of Sofienberggaten 21-23 AS have made a decision to start.

“Grünerløkka is an urban and attractive area. We’re looking forward to contributing to the area with a new and exciting residential project in close cooperation with the customer,” says Morten Grongstad, CEO of AF Gruppen.

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AF Gruppen ASA
AF Gruppen ASA
Innspurten 15
0603 Oslo

+47 22 89 11 00https://afgruppen.com

AF Gruppen is a leading contracting and industrial group. The purpose of our business is to create value for our customers, owners, employees and society at large. We are proud of our good financial results, but every bit as important are the non-financial values that we create every day. A safe working environment for our employees and sub-contractor personnel, new services that help solve society’s environmental challenges and ethical business operations that create security for our customers. This in turn provides us with the opportunity to create additional value for our owners.

www.afgruppen.com

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