Peab has signed a contract for the acquisition of the property Järfälla Veddesta 1:13 in Järfälla by Sagax for an underlying property value of SEK 201 million. The property comes with a legally binding zoning plan that allows for the development of around 700 residences. The property comes with development rights for around 55,000 GFA. The zoning plan is flexible and allows for the development of around a total of 700 residences in the form of both tenant-owner and rental apartments as well as commercial space. In addition to the purchase price, the acquisition includes an obligation to carry out certain development undertakings equivalent to around SEK 100 million. These are mainly preparations for mass transit.