Peab and Volito Develop the Tallest Office Building in Hyllie Together
Peab and Volito will share ownership in a company with the purpose to develop the tallest building in Hyllie, the 110 meter high office building, The Point. The joint company will also own and manage the hotel property Värdshuset 5 on Hyllie Station Square.· The company will be formed through a transfer to Volito Fastigheter AB and Peab’s board has decided that the AGM 2016 will determine the deal since it is a related party transaction. · If the deals goes through it will have a positive effect on Peab’s profit of about SEK 100 million in the second quarter of 2016. Beginning in