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2016-10-19

Peab: Peab builds apartments in Kolbotn Norway

Peab has been commissioned to build 80 apartments in central Kolbotn
located on the outskirts of Oslo. The customer is Kantor Terrasse AS,
and the contract is worth NOK 192 million.

Peab is the general contractor for this turnkey project consisting of
two buildings to be erected in two stages.

The apartment buildings are four respective five stories, each with an
underground garage. The project also includes smaller business
premises facing Kolbotn Square on the street level first floor.

The total size of the project is 14,100 m2. Construction has begun and
is expected to be completed in May 2018.

The project will be order registered in the fourth quarter of 2016.
For further information, please contact:
Torbjørn Mehus, District Manager Peab, cell: +47 995 48 839
Kajsa Jacobsson, Press Officer Peab, cell: +46 725 33 34 84 email:
kajsa.jacobsson@peab.se

Peab is one of the leading Nordic construction and civil engineering
companies with more than 14,000 employees and net sales of over SEK
45 billion. The Group has strategically located offices in Sweden,
Norway and Finland. The Peab's registered office is located in
Förslöv on Cap Bjäre in south of Sweden. The Peab share is listed on
Nasdaq Stockholm.

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http://news.cision.com/peab/r/peab-builds-apartments-in-kolbotn-norway,c...
http://mb.cision.com/Main/424/2104045/576914.pdf

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