AF Gruppen's subsidiary Kanonaden Entreprenad has been awarded a SEK 101.5
million (excl. VAT) contract to terrace a 25 hectare site in preparation for a
new logistics park in the Hisingen area of Gothenburg.

The clients are Bockasjö and Platzer through their joint venture company AB
Bockasjö Platzer Sörred 8:12. Kanonaden will blast 1.2 million cubic metres of
rock, fill and level the site prior to the laying of foundations.

Sörred Logistics Park will comprise four logistics buildings to be built in the
best logistics location in Sweden in close proximity to the Port of Gothenburg,
the largest facility of its kind in Scandinavia. There will be a total lettable
area of 87,500 m² and all premises will be adapted to the wishes of each
respective tenant.  Zoning regulations permit high-rise warehouse storage. Each
property will be equipped with solar cells and will be eco-certified in
accordance with the BREEAM In-use assessment method. 

Kanonaden Entreprenad and Bockasjö have worked together in Gothenburg previously
during the construction of the Hisingen Logistics Park. Kanonaden is currently
involved in the construction of a total of seven logistics facilities in the
Stockholm-Mälaren Region and in Western Sweden.

"Kanonaden's strategic investment in civil engineering works for logistics
facilities is meeting the need for new, modern logistics in line with the growth
of global e-commerce," says Bård Frydenlund, EVP Sweden at AF Gruppen.


For further information:

Bård Frydenlund, EVP Sweden at AF Gruppen, Tel. +47 918 68 621
Andreas Rydbo, MD AF Gruppen Sverige AB, Tel. +46 31 762 40 03

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