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AF Gruppen ASA Secures Contract for Lund Housing Project

Story Highlights
  • AF Gruppen ASA is a leading construction group focused on quality and sustainability.
  • AF Gruppen will build 117 apartments in Lund, starting in 2025 and completing in 2028.
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AF Gruppen ASA ( (AGRUF) ) just unveiled an update.

AF Gruppen ASA has been awarded a contract by Lunds Kommun Fastighets AB to construct 117 new rental apartments and an underground garage in Lund, Sweden. This project, valued at MSEK 189, is set to begin in the third quarter of 2025 and is expected to be completed by March 2028, aligning with AF Gruppen’s commitment to sustainable and quality construction.

More about AF Gruppen ASA

AF Gruppen ASA is a leading contracting and industrial group in the construction industry, known for its focus on quality and sustainability in building projects.

YTD Price Performance: 48.19%

Average Trading Volume: 100

Technical Sentiment Signal: Sell

Current Market Cap: $1.39B

See more data about AGRUF stock on TipRanks’ Stock Analysis page.

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