Peab establishes joint venture for housing developments in Finland
Peab establishes a joint venture with Slättö to develop and manage newly produced green housing developments in Finland.The new joint venture will be owned equally by Peab and Slättö Core Plus AB. The partners share an ambition to develop the portfolio focusing on bigger cities in Finland and green housing developments. The initial acquisition consists of two housing projects in Vantaa and Turku with a total of 178 apartments and 705 m2 commercial space in locations with good communications. All the properties will be environmentally certified. Peab will build the properties on its own