Serneke builds housing at Drottninghög in Helsingborg
Serneke has signed a turnkey contract with Helsingborgshem to construct 198 new tenant-owner apartments at Drottninghög in Helsingborg. The order is valued at approximately SEK 290 million.
Serneke is the turnkey contractor for the project, which includes the new construction of 198 residential units on two urban blocks, both terraced houses and multi-dwelling buildings with commercial premises on the ground floor. The project is among the largest in Helsingborgshem’s history.
“This is a major and significant project and it will be really exciting to continue developing the city and Drottninghög alongside Serneke,” says Karl Martell, Construction Manager at Helsingborgshem.
Serneke’s agreement with Helsingborgshem, which is a public utility housing company owned by the City of Helsingborg, includes collaboration on the Rekrytera labor market projects, a project aimed at finding effective paths into the labor market for job seekers at Drottninghög, Dalhem and Fredriksdal.
“Executing this project together with Helsingborgshem will be highly rewarding. The Rekrytera project is a bonus in which we will be working with social aspects in line with Serneke’s core values to give something back to the community and to the next generation,” says Hans Ottoson, Construction Manager at Serneke Construction.
During the spring of 2020, demolition is planned of the existing buildings at Grönkullagatan 1, 3 and 7, while the construction of the new homes is scheduled for the summer of 2020. The northern urban block is scheduled for completion in the autumn of 2022 and the southern urban block in the summer of 2023.
The order value of approximately SEK 290 million is included in order bookings for the first quarter of 2020.
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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
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