Serneke to build Kongahälla shopping center

Serneke has been commissioned by Adapta Fastigheter AB to construct Kungälv’s new shopping center. With space for 100 stores and restaurants over some 35,000 square meters of retail space, this is the largest shopping center venture in the Gothenburg region in ten years. The order value is approximately SEK 900 million. 

The shopping center is being constructed in the new district of Kongahälla, adjacent to the E6 highway, neighboring the city’s housing initiative and new travel center in the area. The building will occupy three levels with a parking garage on the ground level. The gross floor area is approximately 35,000 square meters, excluding the garage.

Kongahälla Shopping is to be constructed through a partnering contract with Adapta and will include coordinated efforts within the Group, with Serneke Civil Engineering performing the groundwork and Serneke Construction erecting the shopping center. Serneke has previously conducted successful partnering contracts with Adapta on the construction of the Södercity and Borgås shopping centers in Kungsbacka.

“We are proud to have again gained the trust of Adapta to construct a shopping center and this demonstrates that our cooperation works well. Partnering as a contracting format ensures financial security in the project, in which we work towards a common goal with a strong focus on cost control. In terms of order value, this is Serneke’s largest individual project to date,” said Toni Hultberg, Regional Manager, Serneke Construction.

“We look forward to conduct another project with Serneke. We have enjoyed good cooperation in several previous projects,” said Per Thörnqvist, CEO of Adapta.

Preparatory work has commenced and the project is scheduled for completion in 2019.

For additional information, please contact:

Toni Hultberg, Regional Manager, Serneke Construction
Tel: +46 704 315112

Anders Antonsson, Investor Relations
Tel: +46 709 994970

Tomas Järund, Communications Director
Tel: +46 704 455087

This information is such that Serneke is required to disclose under the EU Market Abuse Regulation. The information was submitted under the auspices of the above contact person for publication on 1 November 2016, at 07:30 a.m. (CET)

Serneke is a fast growing corporate group active within construction, civil engineering, project development and property management. Serneke was established 2002 and today the Company has over SEK 3 billion in sales and more than 800 employees. Through innovative thinking, the Company drives development and create more effective and more innovative solutions for responsible construction. The Company builds and develops housing, commercial buildings, industrial facilities, public buildings, roads and civil engineering projects, and other infrastructure. The Company’s customers are both public and private and the operation is focused on the three greater areas of Gothenburg (Region West), Stockholm (Region East) and Malmö (Region South). The Company is headquartered in Gothenburg and has offices in Stockholm, Malmö, Helsingborg, Borås, Halmstad, Strömstad, Trollhättan, Varberg and Alingsås.

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