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AF Gruppen to Transform Bergen Waterfront with New Project
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AF Gruppen to Transform Bergen Waterfront with New Project

AF Gruppen ASA (AGRUF) has released an update.

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AF Gruppen’s subsidiary, LAB Entreprenør AS, has secured a NOK 428 million contract for a new waterfront apartment project in Bergen’s city center. The development aims to revitalize the historic district with new residential buildings, outdoor areas, and a kindergarten, transforming it into an attractive urban area. Construction is scheduled to begin in early 2025, contingent on presales, and is expected to complete by late 2027.

For further insights into AGRUF stock, check out TipRanks’ Stock Analysis page.

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