Peab builds rental apartments in Malmo

Peab has been contracted to build 75 new rental apartments in five buildings in the district Segevång in Malmo. The client is MKB and the contract amounts to SEK 102 million.

Work has begun and the houses are multi-stage completion, with occupancy starting winter 2012th

For further information, contact:
Morgan Palmgren, project manager Peab +46 733 376287

Gösta Sjöström, CIO Peab +46733 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 9.00 a.m. 14 July 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 approximately 14,000 employees and a net sale amounting to around SEK 38 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.