Peab builds apartments in Oslo

Peab has been commissioned to build 59 apartments in Ammerud in Oslo. The customer is Møllerveien 2 AS, owned by Fredensborg Bolig, and the contract is worth NOK 183 million.

The project entails building 59 apartments in two buildings and with commercial space on the ground floor. The basement level will include among other things parking spaces.

“We’re proud to continue our good collaboration with Fredensborg Bolig after having recently worked together on the project Waldemars Tårn at Alexander Kielland Square in Oslo,” says Trond Ormstad, Region Manager Peab.

The project is a turnkey contract. Construction starts in October 2021 and is expected to be completed in the fall of 2023.

The project will be order registered in the second quarter 2021.

Illustration: Rift

Photo: Nicolas Tourrenc

For further information, please contact:

Trond Ormstad, Region Manager Peab, +47 915 64 920

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

Peab is the Nordic Community Builder with 16,000 employees and net sales of SEK 57 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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