AF Gruppen has received an order for a new construction stage in Bispevika

Today AF Gruppen received an order from Oslo S Utvikling
(OSU) for yet another construction stage in Bjørvika. The
construction stage comprises area B6a, which is located due
south of Dronninglunden (area B2), that AF Gruppen will also
build. Both areas are north of Bispekilen, and with this
order development work has started in the entire Bispevika
North area.

The B6a area comprises a total of 9 different buildings with
varied designs and attractive outdoor areas. The project
includes 215 apartments overall, in addition to
externally-oriented activities at street level and an
extension of Oslo's harbour promenade on the surrounding
quay. Danish architect firm Vandkunsten is designing the
area, which will become a premium housing project by the
shoreline of the Oslo fjord, and several apartments will
have the sea right outside their windows.

AF Gruppen will start foundation work in September 2017, and
completion is scheduled for the spring of 2020. The contract
value is estimated at NOK 739 million, excluding VAT.

Construction above ground level is subject to adequate
advance sales of apartments.


- "The contract includes ambitions for cost-effective
and innovative development, and we are looking forward to
cooperating with OSU on realizing these ambitions," says CEO
of AF Gruppen, Morten Grongstad.


For further information:

CEO: Morten Grongstad, tel. +47 991 53 905
EVP Building Greater Oslo and Sweden: Henning Olsen, tel.
+47 917 41 592