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Veidekke to build homes at Ensjø for Urbanium

ID: 1012056

(Thomson Reuters ONE) -


Veidekke Entreprenør AS has signed a contract with Urbanium AS to build 182 new
homes at Ensjø in Oslo. The contract has a value of NOK 215 million excluding
VAT and is a turnkey project.

"We are proud to have been chosen as a partner to develop and build this major
and important residential project in Gladengveien at Ensjø," says Hans Olav
Sørlie, District Manager of Veidekke in Oslo. "Together with Urbanium and
Lillestrøm Arkitektkontor, we have developed a good, rational residential
project at a price level the city needs. At Gla'enga, we will be able to make
use of all the experience of residential building that Veidekke has built up
over the course of many large projects in recent years," Sørlie concludes.

The Gla'enga residential project is a vital step in realising the new town at
Ensjø. The client, the architects and the contractor have all worked closely
together to keep prices at a low level without reducing quality.

"You can buy a new, two-bedroom, freehold apartment here with tiled bathroom and
oak parquet floors, in central Oslo, for less than one and a half million
kroner. 80% mortgages are also available. And there is clearly a good market for
inexpensive new family apartments. We have already sold 40 homes since the
project was launched at the beginning of March and we are releasing new phases
for sale all the time," explains Urbanium's General Manager Silje Strøm.

Building work will begin as soon as sufficient homes have been presold.


For more information please contact:
Hans Olav Sørlie, District Manager, Veidekke Entreprenør AS, tel +47 917 44 923
hans-olav.sorlie(at)veidekke.no
Rune Andersstuen, Project Manager, Veidekke Entreprenør AS, tel +47 918 33 380
rune.andersstuen(at)veidekke.no




Silje Strøm, General Manager, Urbanium AS, tel +47 926 88 610
silje(at)urbanuim.no
Helge Dieset, Communications Manager, Veidekke, tel+47 90 55 33 22
helge.dieset(at)veidekke.no


Veidekke ASA is a leading Scandinavian building contractor and property
developer with 6,000 employees and turnover of NOK 15.6 billion (2009). The
group is listed on the Oslo Stock Exchange and has a dispersed ownership
structure with the employees owning 19.3 % of the stock. The business spans a
wide spectrum of building and construction projects, developing housing and
commercial buildings for private and public sector clients, asphalt plants and
road maintenance as well as collecting and recycling waste.


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1398182]





Gladengveien: http://hugin.info/172/R/1398182/353945.jpg





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Bereitgestellt von Benutzer: hugin
Datum: 26.03.2010 - 08:46 Uhr
Sprache: Deutsch
News-ID 1012056
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