Peab acquires properties and development rights in Malmö and divests partly owned investment properties
On November 1, 2024 Peab has acquired investment property and development property in Malmö for SEK 2,079 million from the joint venture company Fastighets AB Centur (Centur). At the same time Centur has divested investment property to Fastighets AB Balder for SEK 5,228 million. The transactions will have a positive effect of about SEK 400 million on Peab's operating profit in the fourth quarter 2024.Peab is acquiring four investment properties in Varvstaden with a net operating income of SEK 43 million for SEK 783 million and about 280,000 m2 of planned development rights for SEK 1,228