Veidekke ASA: To refurbish shopping centre in Bryn
Post# of 301275
Today Veidekke's subsidiary Block Berge Bygg has entered into a contract with Nedremarka Eiendom, which is owned by Coop Sørvest and Coop Norge Eiendom, to refurbish and extend the M44 shopping centre in Bryne. This will be a turnkey contract valued at NOK 110 million, excluding VAT.
The project has been developed by Nedremarka Eiendom in collaboration with Block Berge Bygg and with Rambøll as architect. Building work includes an 9,000 m 2 extension of the centre. Following the extension, the centre will have several new shops and emerge as future-oriented and modern. The contract also entails a significant extent of own production for Block Berge Bygg, which will be important for activity levels in 2017.
"We are very pleased that Nedremarka Eiendom has chosen Block Berge Bygg as partner. We have long experience and extensive expertise in carrying out construction projects in shopping centres that are in full operation," says managing director Yngvar Karlsen of Block Berge Bygg AS..
Planning is already under way, while the actual construction work at the centre starts in January 2017. The new centre is scheduled for completion in April 2018.
For press photos, see www.flickr.com/photos/veidekke , for more information, contact: Yngvar Karlsen, managing director of Block Berge Bygg, tel. +47 91 66 49 51, yk@blockberge.no Eli Ulveseter, general manager of Nedremarka Eiendom and M44 centre manager, tel. +47 99 09 90 79, eli@m44.no Helge Dieset, Communications Manager Veidekke, tel. +47 90 55 33 22, helge.dieset@veidekke.no
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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.
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