Veidekke to build office building for Diligentia in Malmö

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At the February/March turn of the month Veidekke Entreprenad will start work on building the first of Diligentia's new commercial buildings in the new Masthusen city district in Malmö. It will be an office building with space of around one hundred employees with shops on the ground floor. The value of the contract is approx. SEK 110 million excluding VAT.

"We are currently developing the new city district of Masthusen in Malmö's Västra Hamnen. It is to become a city district that is alive around the clock. The assignment of building the first commercial building requires a professional project group. That was why we chose Veidekke," says Andreas Ivarsson, market area manager for Diligentia in Malmö.

The block will be built in accordance with Breeam Communities guidelines, which entail that one considers sustainability in its entirety. This includes the social environment, accessibility, and that the buildings should use as few resources as possible.

The office building is to be heated using geothermal heat, and will have a floor area of approx. 9,300 m2 whereof approx. 7,000 m2 are offices and 1,800 m2 shops. The building will be six storeys high and have a dark brick and limestone façade. Takeover will take place in December next year.

"Town planning with important players such as Diligentia requires Veidekke to involve our partners early so that everything gets off to a good start. This applies to both choosing our own employees and our choice of suppliers and partners," says Ulf Sterner, regional manager of Veidekke Entreprenad.

For more information, please contact:
Andreas Ivarsson, Market Area Manager, Diligentia Malmö, Telephone: +46 40-20 63 41, andreas.ivarsson@diligentia.se
Ulf Sterner, Regional Manager, Veidekke Entreprenad, Telephone: +46 70-3244563, ulf.sterner@veidekke.se
Max Ney, Communications Manager, Veidekke Sweden, Telephone: +46 70-440 20 21, max.ney@veidekke.se

Veidekke is one of Scandinavia's largest contractors with 6,100 employees and a turnover of NOK 16.3 billion (2010). Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates and road maintenance. 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 characterized by a decentralized organizational model with a strong corporate culture and a high degree of employee involvement. Over half the employees are co-owners, holding almost 20% of Veidekke'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.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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