Peab builds apartments in Jönköping

Peab has been contracted to build 70 tenant-owner apartments, 150 student apartments and parking lots in Jönköping. The client to tenant-owner apartments is HSB Gota and Brandtornet to the student flats. The total contract amounts to SEK 200 million.

Work on the centrally located apartments start August and they are expected to be ready for occupancy in spring 2014th

For further information, contact:
Peter Polland, Region manager +46 733 37

Gösta Sjöström, CIO Peab +46 733 371010

Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

The information was submitted for publication at 10.00 a.m. 26 August 2011.

Previous press releases from Peab are available at www.peab.com

Peab is one of the leading construction and civil engineering companies in the Nordic countries with 15,000 employees and a net sale amounting to around SEK 40 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.