Veidekke ASA: To build homes for Neptune Properties in Oslo

Veidekke ASA: To build homes for Neptune Properties in Oslo

ID: 474624

(Thomson Reuters ONE) -


Veidekke Entreprenør AS has been awarded the contract by Neptune Properties AS
to build the residential project Holtet Horisont I at Holtet in Oslo. The
project comprises 39 apartments with a common underground garage. This is a
turnkey contract, and is valued at approx. NOK 110 million excluding VAT.

The 39 apartments will be in four modern four-storey apartment buildings and
comprise spacious and practical two and three bedroom apartments and unique top-
floor apartments. The apartments vary in size from efficient two bedroom
apartments at 60 m(2) to the largest top-floor apartment at 168 m(2), with a
lift from the garage level directly to the flat and a partially covered roof
terrace 66 m(2 )in size. The buildings will be built in concrete and steel with
façades of natural elements, wood and glass/windows.

There has been particular emphasis on using high quality contemporary materials
and art both inside and outside.

"Neptune Properties is looking forward to continuing the good cooperation we
achieved with Veidekke in the tender stage," says managing director Tore
Økseter.

"On behalf of Veidekke and the team that worked on Kongsveien 82, I would like
to thank Neptune for the confidence they have shown in us. This is our first
project collaboration, and we are looking forward to carry on the good
collaboration we established in the construction phase," says District Manager
Hans Olav Sørlie of Veidekke.

The property in Kongsveien 82 was rezoned for residential purposes by Oslo City
Council on 11 May 2016. Interest in the project has been high, and sales have
started. Construction is expected to start in the course of third quarter 2016.



For more information about the project:
https://www.privatmegleren.no/nyeboliger/133169000/holtet-horisont-i-
reguleringsplanen-er-vedtatt-n-starter-snart-salget/all-info







For press photos, see www.flickr.com/photos/veidekke, for more information,
contact:
Project Manager Jens Petter Hansen, tel. +47 97 04 42 08, jens-
petter.hansen(at)veidekke.no
Communications Manager Helge Dieset, tel. +47 90 55 33 22,
helge.dieset(at)veidekke.no
Managing Director Tore Økseter of Neptune Properties, tel. +47 918 418 61,
tore(at)npas.no



Subscribe to notices from Veidekke

Veidekke is one of Scandinavia's largest construction and property development
companies. The company undertakes all types of building and construction
contracts, maintains roads and produces asphalt and aggregates. The company's
operations are characterised by involvement and local knowledge. Revenue is NOK
24.5 billion (2015), and half of the 7,000 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.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

Illustration Neptune Holtet Oslo:
http://hugin.info/172/R/2016814/748141.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Veidekke ASA via GlobeNewswire
[HUG#2016814]




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Bereitgestellt von Benutzer: hugin
Datum: 31.05.2016 - 14:55 Uhr
Sprache: Deutsch
News-ID 474624
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