ARTICLES TAGGED WITH "Peab"

Peab's CEO: "Continuously weak housing market – but think the bottom has been reached"

Nordic — When Peab sum up their first quarter in 2024, it shows a strong order intake for the period. However, the market in the Nordic region is highly varied: there is good demand for construction, covering and other house building, while the housing market continues to be weak.

Peab builds a stage of the Västlänken project in Gothenburg

Sweden Sweden — Peab has been commissioned to build part of Västlänken’s stage Haga-Rosenlund in Gothenburg. The customer is the Swedish Transport Administration and the contract’s estimated worth is SEK 1.5 billion.

Peab builds homes in Helsinki

Finland Finland — Peab has been commissioned to build an apartment building in Tapanila in Helsinki. The customer is the City of Helsinki and the contract is worth EUR 13 million.

Peab rebuilds school in Lund

Sweden Sweden — Peab has been commissioned to build a school in Lund. The customer is Lundafastigheter and the contract is worth SEK 139 million (EUR 12.6 million).

Peab signs lease with global giant in logistics automation

Sweden Sweden — The third tenant for Peab Fastighetsutveckling's office building Gamlestads Smedja in Gothenburg is signed. In January 2025, the logistics automation company Swisslog will move its Nordic headquarters to new premises.

Peab builds apartments and office buildings in Jönköping

Sweden Sweden — Peab has been commissioned to build 191 apartments, offices and a garage in Jönköping. The rental apartment customer is Brandtornet AB and the office building customer is Hamhus AB and the total contract amount is SEK 368 million.

Annehem acquires office building in Malmö from Peab

Sweden Sweden — Peab has today signed a contract for the sales of the office building The Corner in Malmö. The purchaser is Annehem Fastigheter and the divestiture is for an underlying property value of SEK 420 million.

Peab renovates hotel in Vantaa

Finland Finland — Peab has been commissioned to renovate a hotel in Vantaa on the outskirts of Helsinki. The customer is Kiinteistö OY Haukipurontie (Keva) and the contract is worth EUR 13 million.

Peab to build cold storage unit for Evolv

Sweden Sweden — Peab has been commissioned to build a cold storage unit in Hyllinge northeast of Helsingborg. The customer is Evolv Frysen 1 AB and the contract is worth SEK 111 million.

Peab to add more residential units in Umeå

Sweden Sweden — Peab has already completed construction of seven apartment buildings at Mariehöjd in Umeå and is now beginning on the eighth stage which will comprise 79 tenant-owner apartments and two common areas. The customer is Mariehöjd Produktion and the contract is worth SEK 133 million.

Peab gets assignment in Norrköping

Sweden Sweden — Peab has been commissioned to build a new senior living facility in Norrköping. The customer is Norrköping Municipality and the contract is worth SEK 210 million.

MKB and Peab build rental apartments in Malmö

Sweden Sweden — Peab has been commissioned to build rental apartments in Malmö. The customer is MKB Fastighets AB and the contract is worth SEK 408 million.

Peab rebuilds hospital in Jönköping County

Sweden Sweden — Peab has been commissioned to rebuild and add on to Värnamo Hospital. The customer is Regionsfastigheter in Jönköping County and the contract is worth SEK 214 million.

Peab builds extension to school in Lempäälä

Finland Finland — Peab has been commissioned to build an extension to an elementary school in Lempäälä. The customer is Lempäälä Municipality and the contract is worth EUR 15 million.

Peab builds swimming pool facility in southern Sweden

Sweden Sweden — Peab has been commissioned to build a new swimming pool facility in Hässleholm. The customer is Hässleholm Municipality and the contract is worth SEK 376 million.

Peab builds hospital in Vaasa for Senate Properties

Finland Finland — Peab has been commissioned to build a forensic psychiatric hospital with 48 care units in Vaasa. The customer is Senate Properties and the contract is worth EUR 26 million.

No payment for Peab in Q3 after Mall of Scandinavia dispute

Sweden Sweden — A decision in the case between Peab and Unibail Rodamco Westfield regarding the contract for Mall of Scandinavia in Solna was handed down on June 30, 2023. Unibail Rodamco Westfield has now petitioned the Swedish Court of Appeal to set aside the judgment in its entirety in a so-called protest action.

Peab to create residential units and health care center for Stångåstaden

Sweden Sweden — Peab has been commissioned to build 176 apartments, a health care center and other premises in Linköping. The customer is AB Stångåstaden and the contract is worth SEK 346 million.

Peab wins six year old dispute over Unibail Rodamco Westfield

Sweden Sweden — A decision in the case between Peab and Unibail Rodamco Westfield regarding the contract for Mall of Scandinavia in Solna was handed down on June 30, 2023. The judgement entails a positive effect on Peab’s operating profit by SEK 400 million in the second quarter.

Peab to build logistics assets in Helsingborg for Catena

Sweden Sweden — Peab has been commissioned to build three logistics facilities in Helsingborg. The customer is Catena and the contract is worth SEK 700 million.

Peab to build fire and rescue station in Helsinki

Finland Finland — Peab has been commissioned to build a new fire and rescue station in the borough of Mellunkylä in Helsinki. The customer is Helsinki City and the contract is worth EUR 10 million.

Peab converts office property into residential building

Finland Finland — Peab has been commissioned to convert an old office building into homes in Helsinki. The customer is SL-Yhtiöt Oy and the contract is worth EUR 19 million.

Peab Builds Apartments in Helsinki

Finland Finland — Peab has been commissioned to build an apartment building in Verkkosaari, Helsinki. The customer is Helsinki City’s ATT and the contract is worth EUR 17 million.

Peab to Renovate Helsinki School

Finland Finland — Peab has been commissioned to renovate the upper secondary school Lärkan in Helsinki. The customer is the City of Helsinki and the contract is worth EUR 18 million.

Peab to Renovate Residential Units in Helsinki

Finland Finland — Peab has been commissioned to carry out an extensive renovation of rental apartments for Helsingin kaupungin asunnot Oy (HEKA) in Herttoniemi in Helsinki. The contract is worth EUR 18 million.