Peab to Build Knowledge and Cultural Centre in Askersund

Peab has been contracted to build Knowledge and Cultural Centre, KKC, Askersund. The client is Askersunds municipality and the project is implemented as a partnering contract. Contract amount are estimated at about 260 million.

- It's exciting to be working on a project that will mean much to the residents of Askersunds municipality. KKC aimed at both youth and culture, says Nils Staffan Andersson, Regional Manager at Peab.

KKC will house students in grades 6-9, music school, library, recreation center, cafe and catering industry. There will also be space for culture and club and a room for about 500 people.

Occupancy is expected in August 2016.

The project will be reported in the fourth quarter of 2014.

Caption: Here bent the start of construction for Knowledge and Cultural Askersund. Participating Mårten Eriksson, Annika Restadh, Per-Olof Thulin, Nils Staffan Andersson, Per Eriksson, Philip Norlander and Gabriel Carter's. Photo: Henrik Bjöör, Peab.

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 on 24 November 2014 at 11.00 a.m.

For further information, please contact:
Erik Göthlin, Project manager Peab, +46 704 49 70 68
Nils Staffan Andersson, Regional manager Peab, +46 733 37 32 00
Niclas Brantingson, CIO Peab AB, +46 733 37 20 06

Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding 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.

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