Serneke to construct 158 apartments in central Stockholm
Serneke is to construct 158 apartments, of which 50 will provide student accommodation, at Hornstull in Stockholm. The contract with Svenska Bostäder is valued at approximately SEK 480 million.
The Kv. Plankan 24 project comprises an entire city block, where 66 rental apartments will be produced in two new stories in an existing property. In the courtyard of the block, a new circular building will be constructed, containing 42 rental apartments and 50 student apartments.
“This is a very exciting and advanced project that we are very pleased to be carrying out. We look forward to continuing our long-term partnership with Svenska Bostäder and, together with them, delivering much needed housing in the very center of Stockholm,” says Göran Viklund, Construction Manager at Serneke Construction.
“We are pleased to now have an entrepreneur in place and look forward to working with Serneke again on a new construction project,” says Allan Leveau, Manager of New Construction at Svenska Bostäder.
Construction is scheduled to commence in April 2019 and the project is expected to be completed in the first quarter of 2022. The value of the contract of approximately SEK 480 million is included in order bookings for the second quarter of 2019.
For additional information, please contact:
Göran Viklund, Construction Manager, Serneke Construction
Tel: +46 8 574 102 33
Johan Live, Press Officer, Serneke Group AB
Tel: +46 768 68 11 37
This information is such that Serneke is required to disclose under the EU Market Abuse Regulation. The information was submitted under the auspices of the above contact person for publication on April 2, 2019 at 11:00 a.m. CET.
Serneke is a rapidly growing corporate group active in construction, civil engineering, project development and property management. The Group was founded in 2002 and today has income of about SEK 6.5 billion and some 1,200 employees. Through novel thinking, the Company drives development and creates more effective and more innovative solutions for responsible construction. The Company builds and develops housing, commercial buildings, industrial facilities, public buildings, roads and civil engineering projects, and other infrastructure. The Company’s customers are public and commercial clients, and operations are focused on the three metropolitan regions in Sweden, Gothenburg (Region West), Stockholm (Region East) and Malmö (Region South). Serneke has its headquarters in Gothenburg and offices in Stockholm, Malmö, Alingsås, Borås, Eskilstuna, Halmstad, Helsingborg, Skövde, Strömstad, Trollhättan, Uppsala, Varberg and Växjö. The Company’s Series B shares (SRNKE) have been listed on the Nasdaq Stockholm exchange since November 2016.
Further information about Serneke Group AB is available at www.serneke.group
Serneke to construct 206 apartments in Orminge
Serneke and Magnolia Bostad have signed an agreement to construct 206 apartments and an assisted liv...;
Serneke signs land allocation agreement with the municipality of Växjö
Serneke has won a land allocation competition for the Dörren 4 property in the Vikaholm area of Växj...;
Serneke signs letter of intent regarding on development of Motala's urban area
Serneke has signed a letter of intent with the municipality of Motala and municipal company AB Wette...;
Serneke to construct 89 apartments in Habo
Serneke has signed a construction contract with Tosito for the construction of the Vätterbyn housing...;
Serneke signs collaboration agreement with the National Museum of Science and Technology in Stockholm
Serneke has signed a collaboration agreement with the National Museum of Science and Technology to c...;
Serneke builds homes in Gällivare
Serneke has signed two separate construction contracts with LKAB for the construction of 52 apartmen...;
Serneke presents new business plan and announces Capital Markets Day
Serneke has set out a new business plan extending until 2025 and has adopted new long-term financial...
Interim report January-June 2020
HISTORICALLY STRONG ORDER BACKLOG
Serneke received consent from the bondholders in the written procedure to amend the terms and conditions and extend the maturity of its senior unsecured bonds 2018/2021
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (...