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More houses to be built in Liljeholmen, Stockholm - Veidekke acquires property in attractive lakeside area

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Veidekke Bostad AB, wholly owned subsidiary of Veidekke Sverige AB, has signed an agreement to purchase the Lövholmen 13 property in Liljeholmen in Stockholm. Veidekke plans to build homes on the site, with sales starting in 2010.


The property has an attractive location right by Lake Mälaren and several houses are planned in the area.


The purchase price is approximately MSEK 96, with the exact amount to be set when the City of Stockholm approves the plans.


The seller is Viktor Hanson at Liljeholmen AB.


For further information please contact:
 
Per-Martin Eriksson, Director, Business Development, Veidekke Bostad AB,
Phone +46 8 635 61 15
Stefan Jonsson, Regional Manager, Veidekke Bostad AB, Phone +46 8 635 61 26
Lennart Weiss, Marketing Manager, Veidekke Bostad AB, Phone +46 8 635 61 89




VEIDEKKE ASA






Veidekke ASA is a leading Scandinavian building contractor and property developer with 6,350 employees and an annual turnover of NOK 16.4 billion (2006). Veidekke is listed on the Oslo Stock Exchange. It has a wide group of shareholders and 14% of the shares are held by the company's employees. The company's activities cover a large range of building and construction contracts, development of housing and commercial projects for private and public customers, asphalt operations and road maintenance, and collection and recycling of waste.

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