Strøm Gundersen Vestfold, a subsidiary of AF Gruppen, has been selected by
Boligbyggelaget USBL AS as the contractor for the construction of the new
apartment building Møllers Gate in Sandefjord. The contract will be executed as
a collaborative contract and has a value of approximately NOK 122 million
excluding VAT.

The project includes the design, demolition of the existing building, and
construction of a new six-story apartment building with a total of 36 apartments
and associated outdoor works. The building's ground floor will contain a
combination of commercial spaces and parking areas. The total project area is
4,800 square meters gross floor area (GFA). 

"We greatly appreciate the trust from Boligbyggelaget USBL for the task of
designing and building Møllers Gate. We look forward to continued strong
collaboration with the customer", says Yngvar S. Brekke, general manager of
Strøm Gundersen Vestfold.

The project planning will commence in September 2024, and the construction
period is 16 months. The construction start is contingent on necessary
government approvals and satisfactory financing.


For further details, please contact:

Yngar S. Brekke, General manager Strøm Gundersen Vestfold, tel.: +47 932 42 021
Tormod Solberg, EVP of Building for AF Gruppen, tel.: +47 950 59 495