Peab builds apartments and health care center in Linköping

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Peab has been commissioned to build 176 apartments, a health care center and other premises in Linköping. The customer is AB Stångåstaden and the contract is worth SEK 346 million.

The apartments, a health care center and premises will be built on the property Jägarsoldaten 1 in the new city borough Djurgården in Linköping. Peab will build five adjoining buildings with two to fourteen stories. The health care center and eight premises from 52 to 2,400 m2 will be on the ground floor. The remaining floors will hold 176 apartments from one to four rooms and a kitchen.

The facade will be made of plaster, traditional brick and slate. Two of the buildings will have roof terraces. The goal is for the buildings to be certified according to Miljöbyggnad, level Silver.

Peab and AB Stångåstaden signed a contract in the spring for Phase 1 that comprised participating in planning and preparing the property for production. Now a contract for Phase 2 has been signed as well.

“We’re pleased to be entrusted with carrying out this interesting project together with Stångåstaden. The good work we did together during Phase 1 has paved the way to now continue into the production phase, and we look forward continuing our excellent collaboration,” says Anders Bergeling, Region Manager Peab.

“We continue to build and enable Linköping to grow. These are troublesome and tough times but that doesn’t change the housing shortage. If no one dares invest in hard times we risk finding ourselves with an even greater housing shortage when the economy improves. It feels fantastic to pass go right before vacation when others are putting on the brakes. Partnering has made all the difference in being able to proceed with the projects at a construction price that makes them doable,” says Fredrik Törnqvist, MD AB Stångåstaden.

The project is a turnkey contract. Construction will start in October 2023 and is expected to be completed at the end of 2026/beginning of 2027.

The project will be order registered in the third quarter 2023.

Illustration: AB Stångåstaden

For further information, please contact:

Juha Hartomaa, Head of Investor Relations Peab, +46 72 533 31 45

Peab is the Nordic Community Builder with 15,000 employees and net sales of SEK 63 billion. With a local presence and focus on our own resources we develop, do the groundwork and build everyday life where it’s lived. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on Nasdaq Stockholm.

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We’re pleased to be entrusted with carrying out this interesting project together with Stångåstaden. The good work we did together during Phase 1 has paved the way to now continue into the production phase, and we look forward continuing our excellent collaboration.
Anders Bergeling, Region Manager Peab