Peab builds apartments in Oslo


Peab builds apartments in Oslo

 

Peab has been contracted to build 116 apartments in Oslo. The client is
Naturbetong AS and Lorentzen Eiendom AS and the contract amounts to NOK
148 million. The apartments will be built in Nydalen, in a very
attractive waterfront area at the Aker River Nature Park. The contract
also includes a parking garage.

Work will begin in October 2011 and is expected to be ready for
occupancy in March 2013.

For further information, contact:
Geir Skoglund, regionmanager Peab +47 913 33 484

Gösta Sjöström, CIO Peab +46733 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 9.00 a.m. 18 August
2011.

Previous press releases from Peab are available at
www.peab.com (http://www.peab.com/)

 

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