AF Gruppen's subsidiary HMB has entered into an agreement to build 64 apartments as part of the fifth stage of a residential project for Familjebostäder outsideStockholm . After completing this stage, HMB will have constructed a total of 600 apartments for Familjebostäder at Drevvikshöjden. The contract is valued atSEK 148 million , excluding VAT. The apartments will be ready for occupancy in 2024. The project will be carried out as a turnkey contract. "We appreciate our working relationship with Familjebostäder and we're pleased to be part of building new homes in theStockholm area. Drevvikshöjden will be an important addition to boosting the available housing," saysBård Frydenlund , EVP, AF Gruppen forSweden . Familjebostäder's new residential area Drevvikshöjden is located between Farsta and Sköndal in southStockholm . Once the project is completed, the area will comprise a total of 600 rental apartments, preschools and other facilities.HMB Construction started the development of the Drevvikshöjden project in 2017. Design, structural engineering and call-off ordering have taken place in stages. The properties are designed for a low consumption of energy generated by photovoltaic solar panels, geothermal heating and district heating. The entire Drevvikshöjden project is designed pursuant to the Silver standard under the Swedish environmental building certification system Miljöbyggnad. For further details, please contact:Bård Frydenlund , EVP AF Gruppen forSweden , tel.: +47 918 68 621 Andreas Rydbo, Managing Director,AF Gruppen Sverige AB , tel. +46 31 762 4003
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