Copenhagen Designer Outlets will be Denmark's largest outlet centre on completion in October 2014. Veidekke's Danish subsidiary Hoffmann is the new main contractor following the liquidation of E. Pihl & Soen in August 2013, and the contract is valued at DKK 146 million excluding VAT.
The centre's ambition is recognized brands, high quality and a great shopping experience. Danica Ejendomme is the principal, and Hoffmann is also building Frederiksberg Centret for the same principal.
"Copenhagen is getting its very own designer outlet centre, just outside the capital, like all the other capital cities have. It is very exciting," says Hoffman's Managing Director, Torben Bjoerk Nielsen.
Since August, the construction of Denmark's largest outlet centre has been threatened by E. Pihl & Soen's liquidation, but now work has started up again with Hoffmann as main contractor.
The contract's total is DKK 146 million excluding VAT, and the project includes establishing around 80 shops and common areas in existing premises. Production started in mid-October 2013 and will be handed over in October 2014.
Downloadable illustration photo (http://www.flickr.com/photos/veidekke/10608239934/)
For more information please contact:
Managing Director of Hoffmann, Torben Bjoerk Nielsen, tel. +45 60 12 93 00, tbn@hoffmann.dk (mailto:tbn@hoffmann.dk)
SVP Finance Joergen Michelet, tel. +47 917 43 856, jorgen.michelet@veidekke.no (mailto:jorgen.michelet@veidekke.no)
Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of NOK 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and crushed stone and road services. Our values are professional, honest, enthusiastic and ground-breaking. Our goals for health, safety and the environment, HSE, have equal status with our financial goals. Veidekke is characterised by a strong corporate culture with employee involvement and co-ownership as important cornerstones. More than half of the employees are co-owners, holding around 20 per cent of the Group's shares between them. The company is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.
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Source: Veidekke ASA via Thomson Reuters ONE
