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AFG: Rehabilitation of Housing Cooperative in Bergen

AFGRegulatory press release19.10.2026 klo 14.45
Åsane Byggmesterforretning, a company in AF Gruppen, has been selected by Vestre
Sælemyr Housing Cooperative as contractor for the rehabilitation of façades and
installation of a new balanced ventilation system. The contract is a design and
build contract valued at approximately NOK 300 million, excluding VAT.

Vestre Sælemyr Housing Cooperative is located in the Fyllingsdalen district of
Bergen and consists of seven apartment buildings comprising a total of 361
apartments. The project includes rehabilitation and upgrading of the building
façades with additional insulation. The scope of work includes new façade
cladding, windows, balcony doors and balconies. In addition, outdoor areas will
be upgraded. Internally, balanced ventilation systems will be installed in all
apartments.

"We are proud to have been selected to carry out this extensive rehabilitation
project. The project fits well with our core expertise in the refurbishment of
large residential developments and housing cooperatives. We look forward to
working with Vestre Sælemyr Housing Cooperative to deliver modern and
energy-efficient homes for the benefit of its residents," says Frank Ståløy,
Managing Director of Åsane Byggmesterforretning.

Construction is scheduled to commence in the first quarter of 2027 and is
expected to take 29 months to complete.


For further information:
Frank Ståløy, Managing Director, Åsane Byggmesterforretning, tel. +47 930 57 012
Tormod Solberg, EVP Building, AF Gruppen, tel. +47 950 59 495
uilding\, AF Gruppen\, tel. +47 950 59 495\