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AF Gruppen Secures Major Contract for Fornebu Sør Development

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AF Gruppen Secures Major Contract for Fornebu Sør Development

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AF Gruppen ASA ( (AGRUF) ) has provided an announcement.

AF Gruppen has secured a collaborative contract with OBOS Fornebu AS for the development of Fornebu Sør in Bærum, a significant urban area project. The project, valued at NOK 2,000 million, will include 510 homes and aims to exemplify successful collaboration in complex urban development, with phase 1 starting immediately and phase 2 planned for 2027.

The most recent analyst rating on (AGRUF) stock is a Buy with a NOK180.00 price target. To see the full list of analyst forecasts on AF Gruppen ASA stock, see the AGRUF Stock Forecast page.

More about AF Gruppen ASA

AF Gruppen ASA is a leading construction and industrial group in Norway, focusing on residential and commercial projects with a strong emphasis on quality, sustainability, and innovative architecture.

YTD Price Performance: 15.40%

Average Trading Volume: 29,496

Current Market Cap: NOK18.11B

For detailed information about AGRUF stock, go to TipRanks’ Stock Analysis page.

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