Norway, Nov. 11 -- Betonmast, a subsidiary of AF Gruppen, has signed a contract with Kniveutsikten AS, a company within Pilares Eiendom, for the development of the Knivelia residential project in Kniveasen, Drammen. The agreement is a collaborative contract with a target price. The project has an estimated contract value of around NOK 300 million excluding VAT, which will be included in the order backlog upon entering into the agreement for collaboration phase 2 (execution).The residential project will be developed in collaboration until April 2026, during which the parties will jointly prepare an optimised preliminary design as the basis for the execution phase.The agreement covers 73 apartments with an associated underground car park, as ...