Peab to build apartments I Esbo

Peab has divested an own housing project to Tapiola Insurance and signed a contract to build three five stories houses with totally 94 apartments in Esbo outside Helsinki.

The contract amounts to SEK 182 million. The construction work starts in October 2015 and the project will be ready in the third quarter 2017.

The project will be reported during the third quarter 2015.




For further information, please contact:
Riku Patokoski, project manager Peab +358 40 5105475
Gösta Sjöström, CIO Peab +46 733 371010

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.