Veidekke ASA: Veidekke to build final stage of Hagebyen at Fornebu
Veidekke Entreprenør has entered into a contract with Veifor AS to build the third and final stage of Hagebyen at Fornebu in Bærum municipality. This entails that all 345 residential units in the project are in production. The total sales value of the residential units is around NOK 1.7 billion.
The first units in Hagebyen went on sale in October 2011. One and a half years later, more than 250 units have been sold and sales revenue exceeds NOK 1 billion. The first residents will move in after the summer.
"The success in selling Hagebyen is unique, even in today's housing market. It suggests that we are building homes people want, and that they have discovered Fornebu's unique combination of sea, scenery and central location," says Anders Holmlund, project manager for builder Veifor AS.
"Veidekke Entreprenør is one of Norway's most experienced home builders. This has been proven in stages one and two. We are very pleased that we will be completing the Hagebyen project in cooperation with them," says project director Jørgen Stavrum with Fornebu Utvikling.
Stage three consists of seven buildings. There will be 114 flats ranging in size from 47 to 105 square meters and nine terraced houses 134 square meters in size across three floors. All units will have a private balcony or terrace with garden. Hagebyen is being developed by Veifor AS, of which OBOS Fornebulandet and Veidekke Eiendom each own 50 per cent.
For more information please contact:
Project Developer Anders Holmlund with Veidekke Eiendom, tel +47 99 56 22 65, anders.holmlund@veidekke.no
Project Director Jørgen Stavrum with Fornebu Utvikling, tel +47 99 10 94 03, jos@fornebuutvikling.no Communications Manager Helge Dieset of Veidekke, tel +47 21 05 77 91/+47 90 55 33 22, helge.dieset@veidekke.no
Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and crushed stone and road services. Our values are professional, honest, enthusiastic and pioneering. Our goals for health, safety and the environment, HSE, have equal status with our financial goals. Veidekke is characterised by a strong corporate culture with employee involvement and co-ownership as important cornerstones. More than half of the employees are co-owners, holding around 20% of the Group's shares between them. The company is listed on the Oslo Stock Exchange and has never declared a loss since it was founded in 1936.
Fornebu Utvikling is developing Fornebulandet, which is currently Norway's largest development project. A total of 6,300 residential units are planned, including flats, terraced houses and detached houses. Fornebu Utvikling is a subsidiary of OBOS.