AF Gruppen ASA

Handed new assignment by Wallenstam in Sweden

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AF Gruppen’s subsidiary HMB Construction AB has signed a contract with Wallenstam to build 161 apartments in the Flanören quarter in Uppsala. The contract is worth approximately SEK 176 million.

These homes will be built in the new Rosendal district, which is located close to the city to the southwest of Uppsala. The turn key contract will commence in the autumn with a scheduled delivery by the end of 2021.

Flanören is HMB Construction’s third project for Wallenstam in Uppsala, and its second in Rosendal where HMB was responsible for the construction of 141 apartments in a previous phase.

“Our customers appreciate that we can build at competitive prices without compromising on quality,” says Bård Frydenlund, EVP Sweden in AF Gruppen.

Close collaboration in the early stages and a focus on building by hand with a low degree of pre-fabrication makes it possible for HMB to build high quality homes.

HMB operates in Stockholm, Mälardalen, Dalarna, Västmanland, Uppland and Gästrikland, and currently has 1,500 apartments in production. HMB also builds schools, industrial premises and offices. In 2018, the company recorded sales of SEK 1.3 billion.

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About AF Gruppen ASA

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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