Peab's assignment includes the construction of two residential buildings with a total of 44 apartments. The apartments will vary in size from 57 to 122 square meters.

"Peab was the contractor for our project Horten Havneby, where we worked well together. Therefore, it feels very safe that we are now continuing the collaboration," says Lasse Skjelbred, CEO of Conceptor Bolig.

"We are very proud that Conceptor Bolig, through this contract, gives us renewed confidence. It is this type of collaboration that helps Peab reach the goal of the most satisfied customers in the industry. We are very much looking forward to our continued cooperation," says Terje Kaasa Larsen, Peab's regional manager.

The assignment is a total contract with construction start before the summer of 2020 and occupancy is estimated to December 2021.

Architect in the project is PV-Arkitekter.

The project will be announced in the second quarter of 2020.