K-Fastigheter secures deliveries of cement

K-Fastigheter has signed agreements with suppliers of cement for the Group’s estimated total production volume in 2022. The agreements means that the Group’s own housing construction as well as deliveries to customers can take place according to plan.

K-Prefab AB, a subsidiary of K-Fast Holding AB (“K-Fastigheter”), has entered into agreements with cement suppliers that guarantee K-Prefab access to cement for its planned production volume during 2022.

“Cementa is K-Prefab’s main supplier of cement, an essential product for our concrete frames that are included in residential buildings and other buildings with a long life cycle. As a result of the uncertainties surrounding Cementa’s operations in Slite, on the island of Gotland, we have reviewed the possibilities of hiring complementary suppliers. We have high demands on quality, sustainability at all levels as well as delivery times and it feels good that we now have agreements that meet these. The agreements secure our planned production during 2022, with the option to prolong,” says Kaj Grönvall, CEO of K-Prefab.

K-Prefab is a nationwide player in prefabricated concrete elements and a nationwide frame contractor with a wide range of products. Since 2021, the business has been part of the K-Fast Group and delivers concrete frames to K-Fastigheter and other leading construction and real estate companies in Sweden.
 

For more information, please contact:
Kaj Grönvall, CEO, K-Prefab AB e-mail: kaj.gronvall@kprefab.se, telephone: +46 702 667 179
Anders Antonsson, IR Manager, e-mail: anders.antonsson@k-fastigheter.se, telephone: +46 708 730 900

As a property company, K-Fastigheter’s objective is to add value for tenants by creating attractive homes with superior comfort. The Group’s operations encompass active property management, project development and proprietary construction operations. To enhance cost efficiency and cut construction times, K-Fastigheter has chosen to work with three concept buildings, developed in-house and constructed for proprietary management. K-Fastigheter provides some 2,305 homes in several locations in the Öresund region, in the province of Småland and in western Sweden, and is assessing new markets as production capacity increases. The Group’s property portfolio has a book value SEK 8.0 billion, with an annual rental value of about SEK 280 million. Since November 2019, the company’s Class B shares have been traded on Nasdaq Stockholm under the (ticker: KFAST B). Read more at www.k-fastigheter.com

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