Förvaltaren and Zengun sign construction contract for Kvarnstugan block

The public housing property company Fastighets AB Förvaltaren has signed a construction contract with Zengun for the next phase of the production of the Kvarnstugan block in Sundbyberg. The project encompasses 113 rental apartments, a café, restaurant and cultural facilities. The order volume amounts to approximately MSEK 400.

Vision picture: Belatchew Arkitekter

Centrally located by Ursvik torg
The Kvarnstugan block will have a central location by the square forming Ursvik torg in Sundbyberg’s new western Ursvik district. The district is sustainable and close to nature and green areas with very good transport links to central Sundbyberg and Stockholm.

“Despite an operating environment that has brought many construction projects to a standstill, we are shouldering our responsibility and continuing Sundbyberg’s development as a city through the creation of new rental apartments and a vibrant property,” says Petra Karlsson Ekström, CEO of Förvaltaren.

Timber frame and low energy consumption
The building is being constructed with a timber frame and low energy consumption, and in addition to 113 rental apartments ranging from studios to three bedroom apartments, there will be a café, restaurant and cultural facilities in the form of a library and premises for music and dance classes. The buildings are expected to be ready for occupancy during 2026.

“We are proud to have a real estate company that contributes to Sundbyberg's growth. Without companies like Förvaltaren, we cannot solve our region's biggest problem - the housing shortage,” says Peter Schilling, chairman of the municipal board in the city of Sundbyberg.

Förvaltaren and Zengun collaborated on the project planning in 2023 and are currently laying the foundation.

“We are pleased to be entrusted with the continuation of the project as it enters its next phase. The timber-framed Kvarnstugan represents a good example of how we want to work – long-term, sustainably and climate-smart. The block will be an exciting new landmark in Ursvik,” says Kajsa Flack, Business Unit Manager at Zengun.

Read more about the project here
Kv. Kvarnstugan (forvaltaren.se)

For more information, please contact:
Kajsa Flack, Business Unit Manager, Zengun, +46 (0) 72 542 08 81 kajsa.flack@zengun.se
Mick Salonen, President and CEO, Zengun, +46 (0) 70 569 66 73 mick.salonen@zengun.se
Elin Poska, Press Officer, Förvaltaren, +46 (0) 72 166 24 12 elin.poska@forvaltaren.se

This information is information that Zengun Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted through the agency of the above contact for publication on 12 April 2024 at 10:00 a.m. (CEST).

Driving projects drives Zengun. We operate in Stockholm and Uppsala, in close collaboration with customers and always with the project and people in focus. We help property owners improve their property portfolios in each project by offering know-how and skills as a collaboration and sustainability partner throughout the entire lifespan of the project. We build commercial properties, with a mix of select public-sector properties and residential projects. We take the long term into consideration for our employees, customers and surroundings, and are constantly developing to make each project a reference project. In 2023, Zengun had sales of approximately SEK 2.8 billion and approximately 150 employees. #zengunbyggerstaden