OREANDA-NEWS. Peab has been commissioned to build a new sports hall and elementary school in central Malm?. The customer is the Malm? City, Stadsfastigheter, and the contract is worth SEK 293 million.  

The buildings will be erected next to Borgarskolan in the H?sthagen district of central Malm?. The existing sports hall will be torn down and replaced with a new approx. 5,000 m3 one and the approx. 8,500 m3 elementary school will be located on what is currently a parking lot in the area.

This is a general contract in partnership. Construction will begin in June 2016 and the buildings are expected to be ready for occupation in the summer of 2018.

The project will be registered as an order in the second quarter of 2016.

Peab is the Nordic Community Builder, with 13,000 employees and about SEK 44 billion in net sales. The Group has strategically located offices in Sweden, Norway and Finland. The Peab’s registered office is located in Förslöv in Sweden. The Peab share is listed on Nasdaq Stockholm.