Norway, Oct. 21 -- Betonmast, a subsidiary of AF Gruppen, has signed a contract with Seterlokka Boligutvikling AS for the construction of 86 apartments in Hamar. The contract, which covers two construction phases, is a turnkey contract with a total value of approximately NOK 275 million excluding VAT. The start of construction for both phases is contingent upon sufficient pre-sales.Seterlokka Boligutvikling AS is owned by OBOS Nye Hjem AS, Utstillingsplassen Eiendom AS, and Betonmast Eiendom AS, with each holding 33.3 per cent of the sharesSeterlokka is planned to be developed with apartments ranging from 26 to 137 square metres. The total development area is approximately 11,500 square metres GFA. The apartments are distributed with 38 uni...