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Strøm Gundersen Vestfold to build 64 apartments in Horten

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Strøm Gundersen Vestfold AS, a subsidiary of AF Gruppen, has signed a contract with Storgaten 1-3 Invest AS c/o Usbl to build 64 apartments in two buildings with accompanying underground parking at Storgaten 1-3 in Horten.

The contract will be carried out as a design and build contract and has an overall value of NOK 125 million excluding VAT. Start-up is subject to adequate sales. The expected start of the first building stage is the summer of 2018, with completion in Q4 2019.

The Karolines Hage project is centrally located in Horten, and will comprise attractive apartments where the two buildings create a courtyard around a common outdoor area. The outdoor area is thus sheltered from the surrounding streets. All the apartments have either a balcony or ground terrace, and the top apartments will have sheltered and sunny roof terraces. Usbl is builder and sales launches April 11th. For more information on the project:

https://usbl.no/nye-boliger/karolines-hage

“This is an important project for our construction business in Vestfold. We appreciate the confidence shown in us and are looking forward to starting the project,” says Morten Grongstad, CEO of AF Gruppen.

Kontakter

General manager, Strøm Gundersen AS: Arne Riise, tel. +47 97 53 12 49

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Om 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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