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Skanska and Entra Embark on Major Office Development in Oslo

Skanska and Entra Embark on Major Office Development in Oslo

Skanska and Entra Embark on a Major Project

Skanska is set to invest significantly in the new office project known as Christian Krohgs gate 2 in Oslo, Norway. The joint venture with Entra involves a total investment of approximately NOK 1.8 billion, equating to around SEK 1.7 billion. This initiative represents a strategic move to enhance the office landscape of the city and respond to the increasing demand for modern business spaces.

Details of the Office Project

This project focuses on the comprehensive redevelopment and expansion of existing office and commercial buildings at the site. Spanning over 21,200 square meters, the location enjoys proximity to Oslo Central Station, providing excellent public transport links. The revamped property aims to provide flexible office spaces tailored to meet the evolving needs of businesses, while also being an attractive choice for employees.

Environmental Sustainability Goals

The development places a strong emphasis on climate and environmental considerations. It aims for a high standard of sustainability, targeting BREEAM-NOR v6.0 certification at the 'Very Good' level. The construction is designed to be fossil-free, significantly reducing greenhouse gas emissions associated with materials used in the project. The team behind the project is also committed to minimizing waste, reusing materials, and integrating energy solutions that could elevate the building to energy class A.

Projected Timeline for Completion

Construction is scheduled to commence in the second quarter of 2026, with the project expected to be completed by the end of 2029 or in early 2030. This timeline reflects the ambitious nature of the project, balancing modern construction demands with the goal of creating a sustainable work environment.

Company Contact Information

For further inquiries about the project, you may reach out to Synnøve Lyssand Sandberg, Managing Director of Skanska Commercial Development Norway AS, at +47 934 44 430. Additionally, Andreas Joons, Press Officer at Skanska Group, is available at +46 (0)10 449 04 94 for press-related questions.

Frequently Asked Questions

What is the scope of the project on Christian Krohgs gate 2?

The project includes the redevelopment and expansion of office and commercial buildings, providing modern office space in Oslo.

When is the construction expected to start?

Construction work is planned to begin in the second quarter of 2026, aiming for completion by late 2029 or early 2030.

What sustainability goals does the project aim to achieve?

The project targets BREEAM-NOR v6.0 certification and focuses on fossil-free construction, waste reduction, and achieving energy class A.

Who are the key contacts for this project?

Key contacts include Synnøve Lyssand Sandberg and Andreas Joons, who can provide further information about the project.

Why is this project significant for Oslo?

This development will enhance the availability of modern office space in a key location, supporting the city's growth and accessibility.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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