ARTICLES TAGGED WITH "Peab"

Peab builds in Trysil

Norway Norway — Peab has been awarded the contract to build the new holiday home complex Trysil Suites in Trysil. The client is Skiab and the contract amounts to EUR 16.7 million. The accommodation is scheduled to be completed in the fourth quarter of 2026.

Peab takes over after Serneke Sverige's bankruptcy

Sweden Sweden — Peab has been commissioned to complete the construction of the Gothenburg School of Economics after Serneke Sverige went bankrupt. The client is Akademiska hus and the contract value amounts to 350 million Swedish kronor.

The industry on the future demand for saunas

Nordic — After Finnish comedy group KAJ won big with the song "Bara bada bastu"(Just take a sauna) in the Swedish Melodifestivalen a little more than a week ago, Nordic Property News asked the question – will more people want to take a sauna now and let the sweat swirl? Will it affect what is demanded in newly produced residential and to what extent are companies working with offering a sauna today? Six companies in the industry answer this question.

Ulsmo and Peab enters new agreement

Norway Norway — Peab has been commissioned to build the new housing project Fagertun in Ulsteinvik, Norway. The client is Ulsmo and the contract amounts to NOK 176 million, approximately EUR 15.1 million.

Patriam buys from Peab

Sweden Sweden — Patriam acquires and takes over the property Nacka Sicklaön 37:29 in Stockholm from Peab.

Peab builds Trollhättan's new waterworks

Sweden Sweden — Peab has been commissioned to build Överby waterworks in Trollhättan. The customer is Trollhättan Energi AB and the contract is worth SEK 580 million (EUR 50 million).

Peab builds crematorium in Västerås

Sweden Sweden — Peab has been commissioned to build a new crematorium at Hovdestalund in Västerås. The customer is the Church of Sweden and the contract is worth SEK 190 million (EUR 17 million).

Peab builds homes in Helsinki

Finland Finland — Peab has been commissioned to build two apartment buildings in Oulunkylä in Helsinki. The customer is the City of Helsinki and the contract is worth EUR 13 million.

Balder and Peab acquire properties from their JV Centur

Sweden Sweden — Balder has acquired properties valued at SEK 5.2 billion (EUR 474 million) from its joint venture Fastighets AB Centur as of 1 November 2024. At the same time, Fastighets AB Centur divests properties valued at SEK 2.1 billion (EUR 191 million) to Peab.

Peab builds on Masthuggskajen

Sweden Sweden — Peab has been commissioned by Framtiden Byggutveckling to build 126 rental properties on Masthuggskajen in Gothenburg.

Peab builds apartments in Visby

Sweden Sweden — Peab has been commissioned to carry out demolition of old apartments and construction of new buildings in Visby. The customer is Gotlandshem and the contract is worth SEK 225 million (EUR 19.4 million).

Peab builds in Malmö

Sweden Sweden — Peab has been commissioned to rebuild and extend the old welding and boiler workshop "Hall 259" in Varvsstaden in Malmö. The customer is Varvsstaden AB and the contract is worth SEK 454 million.

Peab to build Gothenburg's new station building

Sweden Sweden — Peab has been commissioned to build Gothenburg's new station building which will be the largest of three entrances for the West Link station Centralen. The customer is Jernhusen and the contract is worth SEK 870 million.

Peab's CEO: "Continuously weak housing market – but think the bottom has been reached"

Nordic — When Peab sum up their first quarter in 2024, it shows a strong order intake for the period. However, the market in the Nordic region is highly varied: there is good demand for construction, covering and other house building, while the housing market continues to be weak.

Peab builds a stage of the Västlänken project in Gothenburg

Sweden Sweden — Peab has been commissioned to build part of Västlänken’s stage Haga-Rosenlund in Gothenburg. The customer is the Swedish Transport Administration and the contract’s estimated worth is SEK 1.5 billion.

Peab builds homes in Helsinki

Finland Finland — Peab has been commissioned to build an apartment building in Tapanila in Helsinki. The customer is the City of Helsinki and the contract is worth EUR 13 million.

Peab rebuilds school in Lund

Sweden Sweden — Peab has been commissioned to build a school in Lund. The customer is Lundafastigheter and the contract is worth SEK 139 million (EUR 12.6 million).

Peab signs lease with global giant in logistics automation

Sweden Sweden — The third tenant for Peab Fastighetsutveckling's office building Gamlestads Smedja in Gothenburg is signed. In January 2025, the logistics automation company Swisslog will move its Nordic headquarters to new premises.

Peab builds apartments and office buildings in Jönköping

Sweden Sweden — Peab has been commissioned to build 191 apartments, offices and a garage in Jönköping. The rental apartment customer is Brandtornet AB and the office building customer is Hamhus AB and the total contract amount is SEK 368 million.

Annehem acquires office building in Malmö from Peab

Sweden Sweden — Peab has today signed a contract for the sales of the office building The Corner in Malmö. The purchaser is Annehem Fastigheter and the divestiture is for an underlying property value of SEK 420 million.

Peab renovates hotel in Vantaa

Finland Finland — Peab has been commissioned to renovate a hotel in Vantaa on the outskirts of Helsinki. The customer is Kiinteistö OY Haukipurontie (Keva) and the contract is worth EUR 13 million.

Peab to build cold storage unit for Evolv

Sweden Sweden — Peab has been commissioned to build a cold storage unit in Hyllinge northeast of Helsingborg. The customer is Evolv Frysen 1 AB and the contract is worth SEK 111 million.

Peab to add more residential units in Umeå

Sweden Sweden — Peab has already completed construction of seven apartment buildings at Mariehöjd in Umeå and is now beginning on the eighth stage which will comprise 79 tenant-owner apartments and two common areas. The customer is Mariehöjd Produktion and the contract is worth SEK 133 million.

Peab gets assignment in Norrköping

Sweden Sweden — Peab has been commissioned to build a new senior living facility in Norrköping. The customer is Norrköping Municipality and the contract is worth SEK 210 million.

MKB and Peab build rental apartments in Malmö

Sweden Sweden — Peab has been commissioned to build rental apartments in Malmö. The customer is MKB Fastighets AB and the contract is worth SEK 408 million.