Home> News >    Inin Group AS / Qben Infra subsidiaries reach 65% sales rate for launched property projects!
18 November 2024

Inin Group AS / Qben Infra subsidiaries reach 65% sales rate for launched property projects!

Home> News >    Inin Group AS / Qben Infra subsidiaries reach 65% sales rate for launched property projects!

Team Bygg AS and Holtekilen Bolig AS, both subsidiaries of Qben Infra AB, which has launched a voluntary share exchange offer directed to all shareholders in ININ Group AS, today announces that it has reached an average sales rate of 65 percent for all launched projects in the companies’ respective property development portfolios.

In October alone, Team Bygg and Holtekilen Bolig generated sales revenue of close to NOK 170 million. Notably, Team Bygg has pre-sold 64 percent of the apartments at its Vesthellingen project in Asker, south of Oslo. The Vesthellingen project is a newbuild project that consists of 22 apartments – 2,000 square metres in total – plus basement with parking spaces. The successful sale includes a price record for apartments at Slemmestad in Asker, reaching an average price of NOK 108,000 per square metre for the three penthouse apartments that are part of the project.

Team Bygg and Holtekilen Bolig are part of the Qben Construction platform and together manage Qben Infra’s Norwegian real estate development projects.

 

More news

ININ Group AS: Market update and future outlook presentation

ININ Group’s main shareholder, Qben Infra AB, will today hold a market update and future outlook presentation. The presentation material...

Read more


Completion of acquisition of Nordnes Narvik AS

Nordic Infrastructure Group AS, a subsidiary of Inin Group AS, has completed the acquisition of 100 percent of the shares...

Read more


ININ Group AS: Subsidiary awarded NOK 40 million contract

Rail Production AS, a subsidiary of ININ Group-owned Nordic Infrastructure Group, has been awarded a NOK 40 million railway maintenance...

Read more