Serneke signs major agreement with Specialfastigheter

Specialfastigheter owns and manages several of Sweden’s most secure properties, including prisons, police properties, defense headquarters and courts. Their tenants set high demands on security and secrecy and operations will in many cases be conducted in parallel with construction work.

“Serneke has an extensive commitment to society, which is why it feels extra meaningful to be able to sign this framework agreement with Specialfastigheter. Together with them, we can work to be role models in the sustainable development of public service properties and we are looking forward to a long-term collaboration,” says Marlene Wiberg, Construction Manager at Serneke Construction.

The projects, which can be remodeling, renovations and new production, will be conducted to a high degree through collaboration between Serneke and Specialfastigheter to optimize the project results.

“We are proud of the continued trust from Specialfastigheter. This agreement is fully in line with our company’s strategy to focus on larger contracts for professional clients. We continue to see extensive demand for public service properties in Sweden and our new framework agreement shows that Serneke has a strong position in the market,” says Daniel Åstenius, President of Serneke Construction.

Last November, Serneke signed a framework agreement with Specialfastigheter for projects valued at SEK 5-100 million and a total value of SEK 4 billion. There, Serneke is one of several selected contractors in all four zones in Sweden.

The contract period is two years and the agreement includes extension options of two plus three years, which means that the contract can apply for seven years. In an even distribution of future allocations, the agreement may entail contracts at a value of SEK 2.5 billion for Serneke. Any assignments within the framework agreement will be order booked when construction contracts are signed.

For additional information, please contact:

Marlene Wiberg, Construction Manager, Serneke Construction
Tel: +46 73 303 74 18
marlene.wiberg@serneke.se    

Daniel Åstenius, President, Serneke Construction
Tel: +46 31 712 97 03
daniel.astenius@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 around SEK 6.5 billion and around 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, Jönköping, Karlstad, Skövde, Strömstad, Trollhättan, Uppsala, Varberg and Växjö. The Company’s Class 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