Major extension of Sørlandssenteret

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Olav Thon Eiendomsselskap AS and Vital Forsikring ASA, which together own the shopping mall Sørlandssenteret, signed a development contract yesterday with the Veidekke company Br. Reme AS, worth NOK 570 million, for expansion of Sørlandssenteret. The contract is for construction of 73,000 sq m of retail premises and a 37,000 sq m car park.
 
Executive Vice President of the Olav Thon Group Øystein Trøseid says the project will be undertaken in two phases. Work will start immediately after the summer holidays this year, with phase 1 due for completion in autumn 2011 and phase 2 in autumn 2013.


"This is one of the largest building projects we have ever undertaken, and is a pleasing development of a very successful retail centre for us and Vital Forsikring," says Executive Vice President Øystein Trøseid.


The Veidekke company Br. Reme AS has been chosen as responsible contractor for this major development project. Naturally Managing Director Dagfinn Røkenes is delighted to have won such a large, prestigious contract.


Veidekke has had the pleasure of working with the Olav Thon Group and Vital on many large projects in the past, and experience gained from these projects is the best foundation for continued good collaboration," says Røkenes.


"Both Vital Forsikring and Olav Thon Eiendomsselskap are very pleased that Veidekke has been chosen as partner for the extension of Sørlandssenteret. This is a large and important development project, and the choice of Veidekke as responsible contractor reflects this," says Gro Boge, Managing Director of Vital Eiendom.


For more information, please do not hesitate to contact:


  • Øystein Trøseid, Executive Vice President, Olav Thon Group AS,
    tel. +47 23 08 02 19, mobile +47 926 97 676
  • Gro Kristin Boge, Vital Eiendom AS, tel. +47
  • Dagfinn Røkenes, Managing Director, Br. Reme AS, tel. +47 901 57 150
  • Executive Vice President - Communication and Public Affairs, Veidekke ASA ,
     tel. +47 905 19 360


 
 
Veidekke ASA is a leading Scandinavian building contractor and property developer with 6,250 employees and turnover of NOK 19.4 billion (2008). The group is listed on the Oslo Stock Exchange and has a dispersed ownership structure with the employees owning 18% of the stock. The business spans a wide spectrum of building and construction projects, developing housing and commercial buildings for private and public sector clients, asphalt plants and road maintenance as well as collecting and recycling waste.

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