Serneke revokes agreement with Svenska Bostäder
Serneke is revoking the agreement with Svenska Bostäder for the execution of the Plankan block housing project in Stockholm’s Södermalm district. Because the parties have not been able to reach an agreement regarding the increased cost of the project, Serneke has chosen to revoke the agreement and to discontinue work early.
“We regret that we have been unable to find a consensual solution to the increased cost of the project and that the delivery of the homes will therefore be delayed, particularly when there is considerable need for new housing. Svenska Bostäder refuses to shoulder increased costs for which they, in our opinion, are responsible, leaving us with no alternative other than to terminate the contract,” says Daniel Modéus, General Counsel at Serneke.
Serneke and Svenska Bostäder signed the turnkey contracting agreement for the Plankan block at Hornstull in Stockholm’s Södermalm district in April 2019, which was also when construction commenced. The project comprised 158 apartments in total, including 66 rental apartments on two new stories added to an existing property. In the courtyard, a new circular building was to be constructed containing 42 rental apartments and 50 student apartments. The original order for the project amounted to SEK 480 million. According to the original plan, the project would have been completed in December 2021.
Following the commencement of the project, Serneke has performed foundation work and some construction on the new apartments. Serneke will secure the site and phase out its undertaking in the project in an orderly manner.
- 6/12/2023 Doxa calls for compulsory redemption and Serneke applies for delisting
Serneke to construct train depot in Falköping
Serneke has signed a contracting agreement with Intea Fastigheter AB (publ) to build a new train dep...;
Serneke to build 129 apartments in Lund
Serneke has signed a turnkey contract with municipal housing company LKF in the university city of L...;
Serneke is rebuilding the Viskan prison in the Municipality of Ånge
Serneke has signed a contracting agreement with Intea Bygg AB for the rebuilding of the Viskan corre...;
Serneke to construct new court building in Vänersborg
Serneke and Hemsö Fastigheter AB have signed a turnkey contract regarding new premises for the Väner...;
Top apartment in Karlatornet sold at record price
The second of the two top-level apartments in the Karlatornet tower has now been sold. For the purch...;
- 6/21/2023 Serneke's application for delisting has been approved and the Board of Directors has resolved not to publish the interim report for the second quarter of 2023
Notice to attend the Extraordinary General Meeting of Serneke Group AB (publ)
Shareholders of Serneke Group AB (publ) ("Serneke") or ("the Company"), corporate identity number 55...
Interim report January-March 2023
STABLE IN A SHRINKING MARKET