Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Regulatory press release

AFG: Building a Hotel in Kristiansund

AF Gruppen
Betonmast, a subsidiary of AF Gruppen, has signed a contract with Campus
Kristiansund 3 AS to build a hotel in downtown Kristiansund. The agreement,
which is a turnkey contract, is valued at approximately NOK 320 million
excluding VAT.

The hotel will be approximately 9,000 square meters of gross floor area and will
be operated by Strawberry. The hotel will be located next to Campus
Kristiansund, a commercial building of 20,500 square meters of gross floor area
that Betonmast handed over to the same client in the fall of 2024. Campus
Kristiansund 3 AS is owned by Bane NOR Eiendom and NHP/Reitan Eiendom AS.

"This will be the second project in a short time for Bane NOR Eiendom and
NHP/Reitan Eiendom AS, and is fully in line with our ambition to build for solid
repeat developers. Together with Campus Kristiansund, the hotel will help
elevate Kristiansund and the entire region," says Peter Sandrup, CEO of
Betonmast.

Construction is estimated to start in August/September 2025, with estimated
completion in June 2027.


For further information, please contact:
Peter Sandrup, CEO of Betonmast, tel.: +47 915 88 645
Bård Frydenlund, EVP Sweden and Betonmast for AF Gruppen, tel.: +47 918 68 621
Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
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.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team