Gardermoen

Project Description

Oslo Airport Gardermoen: Redefining Connectivity and Convenience

Situated at Norway’s key transport hub, this development offers a mix of modular hotels and affordable apartments designed for modern travelers and professionals. With easy access to Oslo Central Station and international flights, Gardermoen is a hub for innovation and accessibility.

Located adjacent to Oslo Airport Gardermoen’s western runway, this development encompasses 129 acres of prime real estate. With a mix of modular hotels, affordable apartments, and strategic amenities, the project is designed to cater to travelers, professionals, and students alike.

Leveraging advanced modular construction techniques in collaboration with Nordic Homes, we deliver sustainable, high-quality buildings at competitive costs. The project aims to redefine convenience and connectivity for the Oslo region and beyond.

Development Plan:

Stage 1: Construction of 45,000 m² of affordable apartments and three hotels.

Stage 2: Expansion with further optimization of the remaining plots to match market demand and investor interest.

16-Year Vision: Phased growth ensuring sustainable development and market adaptability.

Financial Overview:

  • Estimated project turnover: NOK 10.59 billion.
  • Projected profit after tax: NOK 3.3 billion.
  • Land valuation: NOK 450 million, with costs per sellable square meter as low as NOK 860.
  • Strong investor interest due to pre-leased Hilton Hotel (25-year lease) and JV agreements with Nordic Homes.

Project Details

  • Just 20 minutes by train to Oslo Central Station, with 50 daily train departures and seamless airport access.
  • Three modular hotels, including a Hilton Hotel, offering luxury and budget-friendly accommodations.
  • 2,000 units tailored for commuters, students, and investors, priced between 1.49 and 1.95 MNOK per unit.
  • Eco-friendly construction methods reducing carbon footprint, with modular designs optimizing space and cost.
  • Large shared spaces under glass roofs, including gyms, saunas, cafés, and offices, designed for community living and collaboration.