Veidekke Expands Housing Projects in Norway: A Look at New Developments
July 1, 2025, 4:27 am
Veidekke, a giant in the Scandinavian construction industry, is on a roll. The company is expanding its footprint in Norway with two significant residential projects. These developments promise to reshape communities and offer modern living spaces. Let’s dive into the details of these ambitious projects.
First up is the Poulssons Kvarter residential project in Fornebu, Bærum. Veidekke has secured a contract to build 52 new apartments for Fredensborg Bolig. This second phase of construction is valued at over NOK 140 million, excluding VAT. The first phase has already set the stage for success, with strong sales indicating a warm reception from the market.
The Eger residential block will rise seven stories above an underground garage. The apartments range from cozy one-bedroom units of 46 square meters to spacious three-bedroom homes of 139 square meters. This variety caters to different lifestyles and family sizes. Residents will enjoy shared amenities that enhance living quality. Think of it as a small community within a larger city, where neighbors can connect and thrive together.
Morten Barreth, the department head at Veidekke, expressed gratitude for the partnership with Fredensborg Bolig. Trust is the foundation of any successful collaboration, and this one seems to be flourishing. The project is on track, and the excitement is palpable as they move into the next phase.
Meanwhile, in Asker municipality, another major project is taking shape. Veidekke has been chosen to construct the first phase of the Kobberkvartalet housing project for Ferd Eiendom. This assignment is worth NOK 488 million, excluding VAT, and involves building 142 apartments along with common areas and a garage basement.
Kobberkvartalet is not just another housing development; it’s a vision for modern living. The entire project will feature 420 apartments, making it the last large residential project in Vestre Billingstad. The apartments will vary in size, from efficient 30-square-meter studios to larger homes of up to 118 square meters. This range ensures that there’s something for everyone, whether you’re a young professional or a growing family.
Kaare Gilhus, the department manager at Veidekke, expressed pride in being selected for this project. It’s a testament to their reputation and the trust they’ve built with Ferd. The enthusiasm is evident, especially with 84 of the 142 apartments already sold in the initial sales stages. The demand speaks volumes about the desirability of the location and the quality of the construction.
The design of Kobberkvartalet emphasizes community. A central building will house communal areas for residents, fostering interaction and collaboration. There will be shared facilities, including a workshop and a guest apartment, allowing residents to borrow tools or accommodate visitors without hassle. It’s a blend of convenience and community spirit, where neighbors can support one another.
Construction for Kobberkvartalet is set to kick off in October, with residents expected to move in by early 2028. The timeline reflects careful planning and execution, ensuring that the project meets the needs of future residents.
Both projects are included in Veidekke's order book for the second quarter of 2025. This is a significant boost for the company, which has a robust annual turnover of approximately NOK 41 billion. With a workforce of around 8,000 employees, half of whom own shares in the company, Veidekke is not just building homes; it’s building a community of stakeholders invested in its success.
Veidekke’s approach to construction emphasizes local involvement and stakeholder engagement. This strategy not only enhances the quality of their projects but also strengthens ties with the communities they serve. Their commitment to sustainability and innovation is evident in every brick laid and every project completed.
As these two projects unfold, they will undoubtedly contribute to the housing landscape in Norway. The demand for modern, community-oriented living spaces is on the rise. Veidekke is poised to meet this demand head-on, transforming visions into reality.
In conclusion, Veidekke’s expansion into residential projects in Fornebu and Asker is a promising development for the Norwegian housing market. With a focus on quality, community, and sustainability, these projects are set to redefine modern living. As construction begins, the excitement builds. The future looks bright for both Veidekke and the residents who will soon call these new apartments home. The company is not just constructing buildings; it’s crafting lifestyles. And in the world of real estate, that’s the ultimate goal.
First up is the Poulssons Kvarter residential project in Fornebu, Bærum. Veidekke has secured a contract to build 52 new apartments for Fredensborg Bolig. This second phase of construction is valued at over NOK 140 million, excluding VAT. The first phase has already set the stage for success, with strong sales indicating a warm reception from the market.
The Eger residential block will rise seven stories above an underground garage. The apartments range from cozy one-bedroom units of 46 square meters to spacious three-bedroom homes of 139 square meters. This variety caters to different lifestyles and family sizes. Residents will enjoy shared amenities that enhance living quality. Think of it as a small community within a larger city, where neighbors can connect and thrive together.
Morten Barreth, the department head at Veidekke, expressed gratitude for the partnership with Fredensborg Bolig. Trust is the foundation of any successful collaboration, and this one seems to be flourishing. The project is on track, and the excitement is palpable as they move into the next phase.
Meanwhile, in Asker municipality, another major project is taking shape. Veidekke has been chosen to construct the first phase of the Kobberkvartalet housing project for Ferd Eiendom. This assignment is worth NOK 488 million, excluding VAT, and involves building 142 apartments along with common areas and a garage basement.
Kobberkvartalet is not just another housing development; it’s a vision for modern living. The entire project will feature 420 apartments, making it the last large residential project in Vestre Billingstad. The apartments will vary in size, from efficient 30-square-meter studios to larger homes of up to 118 square meters. This range ensures that there’s something for everyone, whether you’re a young professional or a growing family.
Kaare Gilhus, the department manager at Veidekke, expressed pride in being selected for this project. It’s a testament to their reputation and the trust they’ve built with Ferd. The enthusiasm is evident, especially with 84 of the 142 apartments already sold in the initial sales stages. The demand speaks volumes about the desirability of the location and the quality of the construction.
The design of Kobberkvartalet emphasizes community. A central building will house communal areas for residents, fostering interaction and collaboration. There will be shared facilities, including a workshop and a guest apartment, allowing residents to borrow tools or accommodate visitors without hassle. It’s a blend of convenience and community spirit, where neighbors can support one another.
Construction for Kobberkvartalet is set to kick off in October, with residents expected to move in by early 2028. The timeline reflects careful planning and execution, ensuring that the project meets the needs of future residents.
Both projects are included in Veidekke's order book for the second quarter of 2025. This is a significant boost for the company, which has a robust annual turnover of approximately NOK 41 billion. With a workforce of around 8,000 employees, half of whom own shares in the company, Veidekke is not just building homes; it’s building a community of stakeholders invested in its success.
Veidekke’s approach to construction emphasizes local involvement and stakeholder engagement. This strategy not only enhances the quality of their projects but also strengthens ties with the communities they serve. Their commitment to sustainability and innovation is evident in every brick laid and every project completed.
As these two projects unfold, they will undoubtedly contribute to the housing landscape in Norway. The demand for modern, community-oriented living spaces is on the rise. Veidekke is poised to meet this demand head-on, transforming visions into reality.
In conclusion, Veidekke’s expansion into residential projects in Fornebu and Asker is a promising development for the Norwegian housing market. With a focus on quality, community, and sustainability, these projects are set to redefine modern living. As construction begins, the excitement builds. The future looks bright for both Veidekke and the residents who will soon call these new apartments home. The company is not just constructing buildings; it’s crafting lifestyles. And in the world of real estate, that’s the ultimate goal.