FÖRSLÖV, Sweden--(BUSINESS WIRE)--Regulatory News:
Peab (STO:PEABB) has been contracted to carry out renovation and extension of existing office premises in the government district in Södra Klara in central Stockholm. The client is the Swedish National Property Board and the contract amounts to approximately SEK 1 billion. The contract covers about 45,000 square meters of office space to gain new spatial distribution and densification, all new installations and more. Adelcrantzska Palace, is part of the office complex, to be restored in its entirety. Work has begun and is expected to be completed at the turn of 2017/2018. The project will be reported in the third quarter of 2015.
Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
The information was submitted for publication on 6 July 2015 at 11 a. m.
Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 43 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.
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