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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Veidekke: To Build 73 Apartments at Bøler for SPG

VEIRegulatory press release23.09.2026 klo 15.24
Veidekke's subsidiary Seby AS has been awarded a contract by Scandinavian
Property Group (SPG) to build 73 apartments at Bøler in Oslo. The project will
be delivered as a design and build contract, with a contract value of NOK 257
million excluding VAT.

"We have worked closely and successfully together during a collaborative
development phase to shape this project with SPG, and we are very pleased to now
sign the contract and commence construction at Bøler. We have positive
experience working with SPG from previous projects, and we would like to thank
them for their trust. We look forward to delivering an excellent project," says
Bjørn Ove Liavaag, Managing Director of Seby.

The Bølerlia 73B project, located in Oslo's Østensjø district, comprises 73
apartments ranging in size from 35 to 101 square metres. The development will
also include a parking facility and a Kiwi grocery store. In addition, the
project will feature a shared community space with a kitchen, as well as a
rooftop terrace for residents. The building will have a gross floor area (GFA)
of 8,600 square metres.

The contract also includes landscaping and outdoor works, including the
development of a central courtyard. This will provide a green, car-free outdoor
environment situated between the buildings and the surrounding forest. The
project borders Oslo's recreational forest area and offers easy access to the
metro, schools and childcare facilities.

Before construction begins, the existing Kiwi store, parking structure and self
-storage facility will be demolished.

"We are very pleased with the collaboration with Seby throughout the development
phase and in shaping the project, and we are delighted to continue building on
this strong partnership during the execution phase. Together, we have developed
a highly attractive product, which is also reflected in the positive market
response," says Emil Fløvik Nygård, Project Manager at SPG.

Construction is scheduled to start in early October, with completion planned for
August 2028. The contract will be included in Veidekke's order backlog for the
third quarter of 2026.

More information about the project: View project
information (https://scandinavianpropertygroup.com/no/vare
-prosjekter/bolerlia/til-salgs)

Images
Bølerlia (Illustration: Dyrø og Moen Arkitekter)
Bjørn Ove Liavaag (Photo: Veidekke)

For further information, please contact:
Bjørn Ove Liavaag, Managing Director, Seby AS, tel +47 90 69 35 77, bjorn
-ove.liavaag@veidekke.no
Arve Rødal Brekkhus, Head of Communications, Veidekke, tel +47 90 13 48 88,
arve.brekkhus@veidekke.no
Emil Fløvik Nygård, Project Manager, Scandinavian Property Group, tel +47 92 82
70 26, emil.nygard@spg.no

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028
-Pressebilder-Veidekke/)
Subscribe to messages from
Veidekke (http://veidekke.com/no/borsmeldinger/abonner-pa-meldinger/)
Veidekke (https://www.veidekke.com/) is one of Scandinavia's largest
contractors. In addition to undertaking all types of building and civil
engineering assignments, the group also maintains roads and produces asphalt and
aggregates. Veidekke emphasises stakeholder involvement and local experience.
Its annual turnover is approximately NOK 43 billion, and half of its 8,000
employees own shares in the company. Veidekke is listed on the Oslo Stock
Exchange and has posted a profit every year since its inception in 1936.
is listed on the Oslo Stock\
Exchange and has posted a profit every year since its inception in 1936.\