Peab acquires development rights on Kvarnholmen and divests its ownership in Tornet
Today on December 22[nd] Peab signed a contract to acquire Folksam’s shares in Sicklaön Invest AB that partly and wholly owns development rights in Kvarnholmen in Nacka. Peab thereby increases its ownership from 50 to 100 percent. Peab has today also signed a contract to divest its 33.3 percent ownership in Tornet Bostadsproduktion to the other owners Folksam and Fastighets AB Balder. The intention is to close and recognize in profit both deals in the first quarter 2024. Together they entail an unchanged net debt as well as capital gains of SEK 220 million.Through the two deals Peab will