Peab to build rental units in Borås

Peab has been contracted to build 107 new rental units in central Borås. The client is Klätterrosen AB and the contract amounts to about SEK 135 million.

The work, which is a turnkey contract, will begin immediately and the apartments are expected to be ready for occupancy in autumn 2013th

For further information, contact:
Magnus Widing, region manager Peab +46 733 373576

Gösta Sjöström, CIO Peab +46 733 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 10 a.m. 6 September 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 15,000 employees and a net sale amounting to around 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.