Peab builds new assisted living facility in Orsa

Peab has been commissioned to build a new assisted living facility. The customer is Orsa Municipality and the contract is worth SEK 337 million.

The assisted living facility will contain 108 apartments, of which 18 will be for shorter stays. Work on the outdoor environment includes redirecting and channeling Skyttola Creek as well as creating a water mirror, walking and driving areas and parking spaces.

“We’re really pleased to have won the contract to build Orsa’s new assisted living facility “Slipstenen”. We look forward to starting up the project with its fine architecture and exciting floor plans,” says Nils Staffansson, Region Manager Peab.

“It feels great to finally begin construction and I really look forward to it. This is a vital investment for senior care in Orsa,” says Mikael Thalin, Chairman of the Orsa Municipal Board.

Construction is planned to start in the autumn of 2023. The project is expected to be ready for occupation in 2027 at the earliest.

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

Illustration: Wåhlin Arkitekter

For further information, please contact:

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

Peab is the Nordic Community Builder with 15,000 employees and net sales of SEK 62 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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