Veidekke: Hotel contract in Stavanger

Veidekke has signed a contract with H.I.G. Capital for the conversion of an office building into what will become Hotell Hinna with 181 rooms in Jåttåvågen in Stavanger. The commission is a design and build contract valued at just over NOK 125 million excluding VAT.

Veidekke 2

“We greatly appreciate the confidence shown in us and are looking forward to starting the construction work,” says district manager Bendik Aarstad with Veidekke Bygg Rogaland. “We strongly believe that such conversion projects will become an increasingly important part of our business, especially with today’s climate and sustainability perspective in mind. This is therefore an important focus area for Veidekke. In addition, having another project just outside our own office window is particularly motivating.”
 

The existing office building in Jåttåvågveien has eight floors in addition to a basement and was completed in 2012. Now the building will undergo full internal alteration works, and the same applies to parts of the façade. The new 9,000 sqm hotel will also provide food and drink alternatives for both guests and the local community.

“We conducted a tender process in the spring of 2024 that Veidekke won. Their constructive contribution in the interaction phase makes us optimistic that the project is in good hands now that we are entering the design and build phase. We’re looking forward to the hotel opening in 2026 as a positive addition to Hinna Park, and also to our office project at the neighbouring Avant property. Combined, this will be a complete conversion of what previously was Aker’s headquarters in Stavanger, from a single-user building to a modern complex with services from hotels to offices as well as several exciting dining concepts on the ground floor,” says Nils Christian Fixdal with Anvil Asset Advisors, H.I.G Capital’s operating partner on their portfolio in Stavanger.

Work will start immediately, and completion is scheduled for the spring of 2026. This contract is included in Veidekke's order book for the first quarter.

 


For further information, please contact:  
Bendik Aarstad, district manager Veidekke Bygg Rogaland, tel. +47 911 93 701, bendik.aarstad@veidekke.no 
Helge Dieset, Communications Manager, Veidekke, tel. +47 90 55 33 22, helge.dieset@veidekke.no
Nils Christian Fixdal, Co-CEO Anvil Asset Advisors, tel. +47 93 26 36 13, ncf@anvil.no

Veidekkes press photos
Subscribe to messages from Veidekke

Veidekke is one of Scandinavia’s largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 43 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has posted a profit every year since its inception in 1936.

 

 

 

 

Title File type
Bendik Aarstad jpg
Hotell Hinna png
Veidekke 2 jpg