ARTICLES TAGGED WITH "Peab"

Peab Rebuilds Prison in Härnosand

Sweden Sweden — Peab has been commissioned to rebuild and renovate the former prison in Härnösand. The customer is Intea Fastigheter and the contract is worth SEK 157 million.

Peab to Build Residential Units in Kongsberg

Norway Norway — Peab has been commissioned to build apartments on Klemskvarteret in Kongsberg. The customer is Pilares Eiendom and the contract is worth NOK 120 million.

Peab Adds Company to the Industry Business Area

Norway Norway — Peab company Swerock strengthens it operations in the Trøndelag area in central Norway through an agreement to acquire Frøseth AS, which works with paving and mineral aggregates. Included in the acquisition are 40 employees, nine quarries, an asphalt plant and modern machines and equipment.

Peab Company Acquires in Mountainside Locations

Sweden Sweden — Skiab Invest AB, half-owned by Peab and SkiStar, has today signed contracts for the acquisition of three lodges with a property value of SEK 737 million and development rights worth SEK 305 million from SkiStar.

Annehem Acquires Logistics Property from Peab

Sweden Sweden — Peab has today signed a contract for the sales of a logistics facility in Almnäs in Södertälje that Peab intends to build. The purchaser is Annehem Fastigheter and the underlying value of the property is SEK 96.5 million.

Peab Signs SEK 310 Million Contract in Västerås

Sweden Sweden — Peab has been commissioned to build 183 rental apartments on Öster Mälarstrand in Västerås. The customer is Bostads AB Mimer and the contract is worth SEK 310 million.

Peab Builds New Middle School in Gothenburg

Sweden Sweden — Peab has been commissioned to build a middle school and two sports halls in Lundby on Hisingen in Gothenburg. The customer is the City of Gothenburg Property Management and the contract is worth SEK 517 million.

Peab Builds in Ålesund

Norway Norway — Peab has been commissioned to build a new car plant in Ålesund for Waagan Eiendom.

Peab Builds New Race Track Facility in Trøndelag

Norway Norway — Peab has been commissioned to build a new race track facility at Fannrem in Orklands Municipality in Trøndelag. The customer is Leangentravets Eiendom and the contract is worth NOK 100 million.

Peab Creates Office Building in Espoo

Finland Finland — Peab has been commissioned to build an office building for Niam Oy on the Life Science Center block in Keilaniemi in Espoo. The contract is worth EUR 20 million.

Peab Builds Student Housing in Stockholm

Sweden Sweden — Peab has been commissioned to build 182 student apartments in Lappskärsberget close to the University of Stockholm. The customer is Stockholms Studentbostäder and the contract is worth SEK 225 million.

Revided Targets for Peab

Sweden Sweden — In order to promote continued value creation Peab’s executive management and Board have today adopted revised targets; everything from our mission, business concept and strategic targets to internal and external financial and non-financial targets. As of 2021 Peab will externally report the performance of the business by monitoring nine targets, of which three are financial.

Wihlborgs to Begin Construction of Kvartetten in Hyllie

Sweden Sweden — Wihlborgs is set to start construction on the next office project in Hyllie – Kvartetten (Pulpeten 5). 16,000 sqm of modern office premises with a focus on people and the environment will be created a stone’s throw away from Hyllie station.

Peab Builds Tenancy Apartments in Tikkurila

Finland Finland — Peab has been commissioned to build three high-rises in Tikkurila in Vantaa City. The customer is the state tenancy apartment procurer A-Kruunu Oy and the contract is worth EUR 17 million.

Peab Renovates Apartments for Rent in Helsinki

Finland Finland — Peab has been commissioned to carry out an extensive renovation of apartments for rent for Helsingin kaupungin asunnot Oy (HEKA) in Pihlajisto, Helsinki.

Oatly Relocates to New HQ

Sweden Sweden — From 2023 Oatly will lease 4,600 sqm in the property Gjuteriet (The Foundry) for their new headquarters. The property is owned by Varvsstaden, a JV between Balder and Peab.

Peab to Decide on Distribution of Annehem Fastigheter at EGM

Sweden Sweden — Today, October 19, 2020 Peab’s Board has summoned to an Extra General Meeting (EGM) November 12, 2020 to decide on its proposal to distribute all the shares in the wholly owned subsidiary Annehem Fastigheter. The intention is to list the B shares in Annehem Fastigheter on Nasdaq Stockholm in December 2020. The distribution corresponds to equity of around SEK 2 billion.

Peab Makes Changes in Management

Sweden Sweden — In the spring of 2020 Peab’s acquisition of YIT’s paving and mineral aggregates operations in the Nordic region was finalized. As a result of the acquisition the importance of operations in Industry in the Group have grown at the same time Peab has increased its presence in Sweden, Norway and Finland and established itself in paving in Denmark.

Peab Builds Grocery Store in Nurmijärvi

Finland Finland — Peab has been commissioned to build a new S-Market grocery store for Helsingin Osuuskauppa (HOK) Elanto in Klaukkala Center in Nurmijärvi.

Peab Extends Pampus Port in Norrköping

Sweden Sweden — Peab has been commissioned to extend Pampus Port on Händel Island in Norrköping. The customer is Norrköpings Hamn AB and the contract is worth SEK 345 million.

Peab Builds Ice Skating Rink and Arena

Sweden Sweden — The customer is Arenabolaget i Ängelholm and the contract is worth SEK 228 million.

Peab Rebuilds House M at Lund University

Sweden Sweden — The customer is Akademiska Hus and the contract is worth SEK 231 million.

Peab Builds Apartments in Karlstad

Sweden Sweden — Peab has been commissioned to build 132 apartments for rent and about 900 sqm in space for rent in the center of Karlstad. The customer is Karlstads Bostads AB and the contract is worth MSEK.

Peab Builds Apartments in Espoo for Kojamo

Finland Finland — Peab has been commissioned to build 137 apartments on Uuno Kailas Road 4 in Espoo for the Kojamo Group. The contract is worth EUR 15 million.

Peab to Renovate Apartment Buildings in Helsinki

Finland Finland — Peab has been comissioned to carry out an extensive apartment building renovation project for Helsingin kaupungin asunnot Oy (HEKA) on Rusthollarintie 10 in Puotila in Helsinki. The contract is worth EUR 18 million.