Veidekke ASA: To build more homes at Frysja in Oslo

Veidekke has been given the contract by OBOS Nye Hjem and Stor-Oslo Eiendom to also build the second stage of the Frysjaparken residential project near Nordmarka in Oslo. The new contract is a design and build contract valued at NOK 535 million excluding VAT for 225 apartments in three buildings. The contract also includes a letter of intent on the development of a third stage.

The Frysja area lies between Maridalsvannet and Nydalen, and here industry is moving out to make way for people. In February 2018 Veidekke started building the first 154 apartments, and the entire project will comprise more than 900 residential units and some commercial property when completed. Frysjaparken will be a green and urban residential area where emphasis is on proximity to the forest. Green, screened-off courtyards with recreational areas, parks, roof gardens and areas for socialising will be built between the buildings. 

“We are proud and grateful for the renewed confidence from OBOS and Stor-Oslo Eiendom for Frysjaparken. The first stage is approaching completion towards the end of the year, and this contract allows us to extend the good partnership characterised by flexibility among all parties involved in the project. We have brought new technology and new processes into use to build faster, cheaper and more efficiently, and will now be able to develop this and our whole team further,” says director Anders W. Haugen of Veidekke Bygg Oslo. 

Building is expected to start in the third quarter, with occupation planned for the second half of 2021. More information about the project: www.obos.no/frysjaparken  

Caption (left to right): Project director Jørgen Stavrum of OBOS Nye Hjem, chairman Arild Rygg of Stor-Oslo Eiendom, director Anders Haugen of Veidekke and head of department Morten Barreth of Veidekke. 

For press photos, see www.flickr.com/photos/veidekke, for more information, contact:
Director Anders W. Haugen, tel. +47 97 66 63 14, anders.haugen@veidekke.no 
Head of department Morten Barreth, +47 93 88 37 16, morten.barreth@veidekke.no 
Communications Manager Helge Dieset, tel. +47 90 55 33 22, helge.dieset@veidekke.no  

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Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building construction and civil engineering contracts, develops residential projects, maintains roads, and produces asphalt and aggregates. The company is known for its involvement and local knowledge. Annual turnover is approx. NOK 36 billion, and around half of its 8600 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.