BRA Bygg, a Swedish subsidiary of Veidekke, has entered a collaboration contract with Global Business Gate for the construction of a new Gothenburg office building project in Sweden.
The Global Business Gate office project, owned by Elof Hansson Fastigheter and Alecta Fastigheter, is expected to serve as a hub for internationally oriented companies.
BRA CEO Magnus Riemer said: “We look forward to working with the Global Business Gate team on the construction of the project, which takes place at one of Gothenburg's best office locations.”
The development will be situated on a new peninsula that extends approximately 100m into the Götaelven River at Masthuggskajen, with more than half of the office spaces already signed.
It will consist of two buildings covering a total area of 46,000m² with 26 and 12 floors, respectively.
The first tenants are expected to start moving in late 2027.
Global Business Gate CEO Michael Walmerud said: “Together with BRA Bygg, we are now starting work on the construction of Global Business Gate, which will be an innovative hub and meeting place for export-oriented and international businesses.
“After many years of planning the project, we are pleased to tell you about our collaboration with a contractor on the actual construction.”
The collaborative phase of the project has started.
Veidekke will add the building contract to its order book once the collaboration phase concludes and a construction contract is signed.
This comes after BRA Bygg was contracted by Catena to construct two new logistics buildings with a total area of more than 50,000m² at Landvetter in Gothenburg.