LAB Entreprenør, a company within AF Gruppen, has entered into an agreement with Gjelsten Bolig (formerly known as Profier) for the residential project Sjøbodene in Sandviken, Bergen. The contract is a turnkey project with an estimated value of approximately NOK 285 million excluding VAT.
The project consists of five waterfront apartment buildings in Sandviken, Bergen, with storage space beneath two of them. An existing quay will be demolished and replaced with a larger one to accommodate the new buildings.
“We are delighted to have been chosen to carry out another exciting and attractive residential project for Gjelsten Bolig,” says Gard Kvalheim, CEO of LAB Entreprenør.
Construction work is scheduled to begin in Q3 2024, with completion expected in Q3 2026. The project’s start is contingent on sufficient pre-sales.
Gard Kvalheim
Director
LAB
Tormod Solberg
EVP Construction
AF Gruppen
