District Manager Lars Nicolas Hjertås at Veidekke and General Manager Håkon Semb-Arnstorp at Fredensborg Fritid. Photo: Per Stian Johnsen
Fredensborg Fritid AS has awarded Veidekke the contract to build the first construction phase comprising 50 vacation apartments and an associated garage facility at the Kragerø Resort hotel. The total contract value is close to NOK 200 million.
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“We sincerely thank Fredensborg Fritid for this assignment, the trust placed in us, and the excellent collaboration we’ve had from the start. Together, we have managed to find good solutions within a cost level that enables execution while also considering the environment and climate. And we will carry out the work alongside our colleagues from Veidekke Bygg Agder,” says Lars N. Hjertås, District Manager at Veidekke Bygg Vestfold and Telemark.
The apartments will have two to four bedrooms and an underground parking facility. The location is adjacent to the golf course with access to Kragerø Resort’s amenities including a pool, spa, tennis, padel, mini-golf, kayaking, boating and swimming facilities. Numerous cycling and hiking trails are also nearby, not to mention all the attractions of the Kragerø archipelago.
“In a sluggish vacation home market, this project goes against the tide, and we are very pleased to have Veidekke on board. The homes at Kragerø Resort Fri are designed for rental through the hotel, and the project strengthens local employment and development of amenities at the destination,” says Håkon Semb-Arnstorp, Managing Director of Fredensborg Fritid.
Construction work will commence shortly, with planned delivery before the summer holidays in 2026. Read more about the project here. The contract is included in Veidekke’s order backlog for the third quarter of 2024.
The translation was written by an AI system, though the original text was authored by a human. Read the original article here
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