Major Refurbishment Project Unveiled for 3B Folehaven Area
Enemærke & Petersen Takes Lead on Refurbishment of 3B Folehaven
MT Højgaard Holding A/S, through its engaging business unit Enemærke & Petersen, has secured a substantial contract for the comprehensive refurbishment of the 3B Folehaven area, which comprises 972 housing units. The total tendered price for this major undertaking stands at DKK 1,033 million, marking it as the second largest refurbishment project in the history of Enemærke & Petersen.
Project Details and Timeline
The finalization of the contract is expected to occur after the standstill period ends, which is set for a date in November. Following this, the project’s initiation depends on a schedule B commitment from Landsbyggefonden, the funding organization supporting this renewal effort. The timeline indicates that the work is poised to commence in September 2026, aiming for completion by March 2031.
Enhancements and Environmental Commitment
Originally established between 1952 and 1962, the 3B Folehaven locality is set to undergo an extensive transformation. The master plan outlines several improvements, including new energy-efficient roofs, insulation updates, revamped entrance areas, and state-of-the-art plumbing systems. Additionally, updates to ventilation, electricity, and outdoor spaces are part of this grand vision. Notably, the common house within Folehaven will see substantial renovations, alongside upgrades of the heating stations aimed at achieving optimal energy efficiency.
New Living Spaces and Community Amenities
To address the pressing need for diverse housing options, this project includes the construction of 60 new penthouses atop six blocks, complementing the existing living spaces by turning some of the current apartments into larger family dwellings. This initiative seeks to foster a robust multi-family housing environment that caters to a variety of residents.
Sustainability Initiatives
The refurbishment project has successfully been prequalified for the prestigious DGNB Silver certification, a testament to its sustainability commitments. 3B Folehaven is set to become a pioneer in Denmark, emerging as the first sustainability-certified public housing development in Copenhagen, which marks a significant stride towards eco-friendly construction practices in the region.
Collaborative Efforts for a Bright Future
In expressing enthusiasm about the undertaking, Troels Aggersbo, the CEO of Enemærke & Petersen, indicated a strong commitment to working closely with residents, the housing association 3B, and local authorities. “By collaborating effectively, we aim to rejuvenate Folehaven, ensuring that it evolves into a vibrant area offering modern residences suited for many years,” he remarked, highlighting the expertise of their project team, well-versed in similar extensive refurbishment tasks.
Market Impact and Financial Outlook
This substantial order further solidifies Enemærke & Petersen’s strong foothold in the sector of social housing renovations. The company currently oversees around 40 refurbishment projects across various social housing organizations nationwide, reflecting its dedication to enhancing community living standards.
Despite the scale of this project, MT Højgaard Holding A/S continues to maintain a steadfast revenue outlook for 2025, with expectations set between DKK 10 billion and DKK 10.5 billion, alongside an operating profit of DKK 400 million to DKK 450 million.
Contact Information
For more insights regarding this refurbishment project, interested parties can reach out to CEO Rasmus Untidt or CFO Dennis Nørgaard at +45 31 21 68 72.
Frequently Asked Questions
What is the 3B Folehaven refurbishment project?
The project involves the comprehensive renovation of the 3B Folehaven area, including new living spaces and extensive facility upgrades.
Who is overseeing the refurbishment?
Enemærke & Petersen, a business unit of MT Højgaard Holding A/S, is leading the refurbishment efforts for this project.
What sustainability certification is the project aiming for?
The refurbishment has been prequalified for the DGNB Silver certification, marking it as a sustainable building effort.
When is the project expected to commence?
The refurbishment work is scheduled to begin in September 2026, with completion targeted for March 2031.
What is the financial impact on MT Højgaard Holding A/S?
The project is not expected to alter the company's financial outlook for 2025, maintaining revenue projections between DKK 10 billion and DKK 10.5 billion.
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