Veidekke: To build rental apartments in Lund, Sweden

Veidekke has signed a contract with Riksbyggen to build 156 rental apartments in the Dryaden project in Lund, Sweden. The contract is a design and build contract valued at approximately SEK 212 million. The project is scheduled for completion in autumn 2028.

The contract comprises a new residential block on the property Dryaden 2, consisting of three apartment buildings, associated ancillary buildings and a mobility hub. The apartment buildings will feature slate- and timber-clad façades and carefully designed entrances, with both courtyard and street access and stairwells running through the buildings. The project aims to achieve Miljöbyggnad Silver certification.

"We are pleased to have earned Riksbyggen's trust and look forward to working together to deliver another project focused on quality and the everyday lives of future residents," says Fredrik Bergkvist at Veidekke Bygg Syd.

The contract is included in the Q3 2026 order book.

For more information, contact: Jørgen Wiese Porsmyr, EVP/CFO Veidekke ASA, +47?907 59 058

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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual revenue is approximately NOK 43 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has posted a profit every year since its inception in 1936.