Peab to build a hotel in Malmo

Peab has been commissioned to build a hotel at Point Hyllie in southern Malmö. The client is Annehem Bygg & Projekt AB and the contract sum will amount to about SEK 400 million.
The hotel will be leased and operated by Choice Hotels as operator and have Annehem as a landlord.

The design work has started and the hotel will be ready for inauguration in 2015.
The project is a part of the Peab investments in property development.
Annehem is a unit within Peab’s business area Property Development, where ownership and development takes place.
The contract will be recognized in business area Construction and it will order-reported in the fourth quarter of 2012.



- The expansion of the district Hyllie in Malmö is a good example of community building. Along with Annehem and Choice Hotels, we now look forward to build a modern, eco-friendly hotel in the highest class, says Peab CEO Jan Johansson.

For further information, please contact:

Stefan Rosenlöf, region manager Peab +46 733 374168

Gösta Sjöström, Communication Peab +46 733 371010

Peab is the Nordic Community Builder with some 15,000 employees and more than SEK 40 billion in net sales. 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.