Veidekke has won the commission to build 96 apartments in three buildings with
joint garage facilities in the Mathildetunet residential project in Skårerbyen
for Selvaag Bolig. The contract is a design and build contract valued at NOK 260
million excluding VAT.

"Mathildetunet will be the seventh construction stage in Skårerbyen and
Veidekke's first commission in the extensive Lørenskog project. The contract
attracted several bidders, so we are very pleased to have won the competition
for the commission. We really appreciate the confidence shown in us and are
looking forward to extending the good partnership we have with Selvaag Bolig
from other ongoing residential projects," says head of department Morten Barreth
with Veidekke Bygg Oslo.

The three buildings Veidekke will erect will be from four to seven floors in
height surrounding a common outdoor area with landscaping and a playing and
recreational area for the residents. Apartments range in sizes from 39 to 108
m[2] with large windows and good ceiling height. In the underground garage there
will be parking spaces, storage spaces and technical facilities. Residents have
access to several common areas both in Mathildetunet and in the existing common
areas of the neighbourhood.

Work has already started with handover scheduled for the second half of 2025.
This commission is included in Veidekke's order book for the first quarter of
2024. Read more about the project
here (https://www.selvaagbolig.no/akershus/skarerbyen/).
For further information, please contact:
Morten Barreth, head of department Veidekke Bygg Oslo, tel. +47 93 88 37 16,
morten.barreth@veidekke.no (are.westbye@veidekke.no)
Helge Dieset, Communications Manager, Veidekke, tel.?+47 90 55 33 22,
helge.dieset@veidekke.no
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Veidekke (https://www.veidekke.com/) is one of Scandinavia's biggest contractors
and property developers. In addition to undertaking all types of building and
civil engineering assignments, the group also maintains roads and produces
asphalt and aggregates. Veidekke emphasises stakeholder involvement and local
experience. Annual turnover is approx. NOK 43 billion, and almost half of its
8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock
Exchange and has posted a profit every year since its inception in 1936.