Peab has been commissioned to build 78 apartments in Limhamn in Malmö. The customer is HSB Projekt i Malmö HB and the contract is worth SEK 194 million.

The project consists of four separate buildings with four to seven floors where the top floor is recessed in all the buildings. They are connected by a shared garage and basement with a tech room and storage.

 "We're proud to contribute with our expertise and by building more housing for Malmö residents. This is a good example of our locally produced community building," says Peter Lindstedt, Region Manager Peab.

The project is a turnkey contract. Construction will begin in October 2022 and occupation is planned for February 2025.

The project will be order registered in the third quarter 2022.

Illustration: Sightline för HSB

For further information, please contact:

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

Peab is the Nordic Community Builder with 15,000 employees and net sales of SEK 63 billion. With a local presence and focus on our own resources we develop, do the groundwork and build everyday life where it's lived. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on Nasdaq Stockholm.

https://news.cision.com/peab/r/peab-builds-tenant-owner-apartments-in-malmo,c3633413

https://mb.cision.com/Main/424/3633413/1628505.pdf

https://news.cision.com/peab/i/hsbbrfkalk1,c3091058

https://news.cision.com/peab/i/peter-lindstedt,c3091059

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