Norway, May 8 -- Betonmast, a subsidiary of AF Gruppen, has signed a contract with Scandinavian Property Group (SPG) for the construction of 150 apartments in Drammen. The contract, covering two construction phases, is a turnkey contract with a total value of 563 million excluding VAT.SPG plans to build a total of 150 apartments in the Slippen project. The total development area amounts to 19,300 square meters GFA. Additionally, an underground parking garage with 115 parking spaces will be constructed.The project is subject to an approved detailed zoning plan, expected in June. The start of construction for phase 2, consisting of 69 apartments, is contingent on sufficient pre-sales. Construction is scheduled to begin in the fourth quarter o...