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Veidekke ASA ( (GB:0GF6) ) has provided an announcement.
Veidekke has secured a NOK 186 million design-and-build contract from Bolig Norge and Backe Prosjekt to construct 50 apartments across three buildings with a shared underground car park at Langhus, south in Follo. The first phase of the Linåskollen residential area will feature a wide mix of space-efficient units, from 35 m² to 127 m², aimed at residents of different ages and life stages.
The broader Linåskollen development is planned to comprise around 190 homes in total, with outdoor areas, playgrounds and shared recreational spaces to knit the neighbourhood together. Construction has already started, with completion targeted for late 2027, and the project is booked into Veidekke’s order backlog for the first quarter of 2026, supporting visibility in its residential construction pipeline.
The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK194.00 price target. To see the full list of analyst forecasts on Veidekke ASA stock, see the GB:0GF6 Stock Forecast page.
More about Veidekke ASA
Veidekke ASA is one of Scandinavia’s largest contractors, carrying out a broad range of building and civil engineering projects while also maintaining roads and producing asphalt and aggregates. The Oslo-listed company, with annual turnover of about NOK 41 billion and some 8,000 employees, emphasises stakeholder involvement, local experience and widespread employee share ownership.
Average Trading Volume: 63,572
Current Market Cap: NOK25.64B
For a thorough assessment of 0GF6 stock, go to TipRanks’ Stock Analysis page.