Serneke secures land allocation surrounding Östertälje station

The land allocation entails Serneke Project Development gaining exclusive rights to negotiate with the Municipality for two years regarding the transfer of the allocated area of land. During this time, Serneke will, alongside the Municipality of Södertälje, develop concepts for the project, ultimately presenting a proposal on how the area can be developed and transformed into a location with housing and services.

In addition to the plans for housing with mixed forms of tenure, businesses and services, possibilities to accommodate hotels and offices in the area will also be investigated.

“We are very happy to have the opportunity to develop this area, which has great potential, particularly given the good communications there. Alongside the municipality, we will examine how we can create suitable housing and ancillary functions to produce a qualitative living environment. This inspiring project will commence as soon as possible,” says Ted Mattsson, Regional Manager for Serneke Project Development.

For additional information, please contact:

Ted Mattsson, Regional Manager, Serneke Project Development
Tel: +46 72 388 19 25
ted.mattsson@serneke.se

Johan Live, Press Officer, Serneke Group AB
Tel: +46 768 68 11 37
johan.live@serneke.se

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 approximately SEK 6 billion and about 1,100 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, Jönköping, 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.se