Norway, March 14 -- Betonmast, a subsidiary of AF Gruppen, has signed a contract with Campus Kristiansund 3 AS to build a hotel in downtown Kristiansund. The agreement, which is a turnkey contract, is valued at approximately NOK 320 million excluding VAT.The hotel will be approximately 9,000 square meters of gross floor area and will be operated by Strawberry. The hotel will be located next to Campus Kristiansund, a commercial building of 20,500 square meters of gross floor area that Betonmast handed over to the same client in the fall of 2024. Campus Kristiansund 3 AS is owned by Bane NOR Eiendom and NHP/Reitan Eiendom AS. Construction is estimated to start in August/September 2025, with estimated completion in June 2027.
Published by HT ...