Construction of Sentrumshagene initated

NRE Norway AS Karenslyst Allé 2 0278 Oslo
29 September 2023

NRE Group's Norwegian sister company, NRE Norway AS, and Nrep are now initiating the project 'Sentrumshagene' in Ås. The first phase of the construction consists of approximately 100 apartments spread across two buildings as well as an underground parking facility.

The construction is commencing due to a strong start in sales. Since May 2023, a total of 58 apartments have been sold.

"We are very pleased with the interest that the project has received. Sentrumshagene is surrounded by important and central streets and urban spaces. With immediate proximity to all city amenities, it is well-positioned to create an exciting and active city center neighborhood. At NRE, we are committed to creating well-thought-out projects and attractive neighborhoods. The start of construction shows us that solid projects with good architecture, conscious material choices, and the right location are also attractive in a challenging market. We are very excited to be realizing this exciting project in the heart of Ås," says CEO Allan Sønderbæk of NRE.

The second and final phase will be available for sale in 2024. In total, the Sentrumshagene project will comprise 139 apartments. The first apartments are expected to be handed over in the autumn of 2025.

Elevating the Neighborhood

The Sentrumshagene residential project will become a modern and architecturally appealing neighborhood with ground-floor businesses, creating active urban spaces and meeting places in the center of Ås. The project emphasizes a high proportion of blue-green areas, including the establishment of green roofs, among other features. Low CO2 emission materials are used, and with a focus on energy efficiency, the project is expected to have a positive CO2 balance.

"Sentrumshagene is a very exciting project, and we are delighted to be launching it now. Sentrumshagene is a valuable addition to Ås and will contribute to strengthening the city as a focal point. At Nrep, we are especially pleased to achieve a positive climate balance for the project. Nrep's goal is to be climate-neutral in all our investments by 2028," says Pål Valgermo, Head of Real Estate at Nrep.

Collaboration with the turnkey contractor

The turnkey contractor responsible for the construction of the Sentrumshagene neighborhood  is J.I. Bygg AS.

"We at J.I. Bygg are excited to start the construction of Sentrumshagene with NRE and NREP. It is particularly gratifying to see the interest and success that the apartment sales received, even in a challenging market. We look forward to a great cooperation with all involved parties and are delighted to be a part of this exciting project," says Lars Erik Kristiansen, Project Manager at J.I. Bygg.

NRE Norway AS Karenslyst Allé 2 0278 Oslo