Peab's largest building project in Trondheim Peab's Norwegian subsidiary Peab AS has been commissioned to build project Speilet, a residential and office complex in downtown Trondheim. The client is Kaibygg II Lower Elvehavn owned by Prora Eiendom / Reitan Eiendom. The contract amounts to NOK 100.5 million. Work will begin in January 2012 and is scheduled for completion in summer 2013th This is Peab's largest building project in Trondheim so far and now we will see that it corresponds to the confidence the client has given us, says Asbjorn Löksa, which will be responsible for the project. Peab establishment in Trondheim is in line with the further development Peab as the Nordic Community builder. - This high-profile project will strengthen Peab in the Norwegian market, says Peab AS MD Petter Moe in a statement. For additional information, please contact: Asbjörn Löksa, project manager +47 91660750 Gösta Sjöström, CIO Peab +46 733 371010 Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 12 am on 9 December 2011. Previous press releases from Peab are available at www.peab.com
Peab's largest building project in Trondheim
| Source: Peab AB