Veidekke acquires sites in Gothenburg and Stockholm

Veidekke Bostad has acquired two larger sites that will make room for a total of around 400 new homes in Sweden. One is in Sundbyberg in Stockholm, while the other is in Kviberg in Gothenburg. It is expected that building will start on both sites in 2018.

The site in Stockholm has been acquired from Stora Ursviks KB, and is in the Sundbyberg district north-west of the centre of Stockholm. Veidekke is planning to build 150 Swan-certified apartments of varying sizes, in addition to a day care centre and commercial premises, all to be built by Veidekke Entreprenad. The sites are included in Veidekke's site portfolio from Q4 2016.

The sites in Gothenburg have been purchased from Suthema AB and Higab, and are located in Kviberg a few kilometres north-east of the centre of Gothenburg. Here there will be around 250 Swan-certified apartments that will also be built by Veidekke Entreprenad. These sites are included in Veidekke's site portfolio from Q1 2017.

Veidekke Bostad's business is experiencing strong growth, and is currently at a level of around 1,000 homes sold per year.  

  
For press photos, see www.flickr.com/photos/veidekke, for more information, contact:
SVP Finance Jørgen Michelet, tel +47 91 74 38 56, Jorgen.michelet@veidekke.no 
CEO Per-Martin Eriksson, Veidekke Bostad, tel. +46 708 98 56 51, per-martin.eriksson@veidekke.se

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Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building and construction contracts, maintains roads and produces asphalt and aggregates. The company's operations are characterised by involvement and local knowledge. Revenue is NOK 24.5 billion (2015), and half of the 7,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.