Serneke to construct 74 youth apartments on the island of Lidingö

As the turnkey contractor, Serneke, will produce 74 relatively small rental apartments for young people in the age range 18-25 at the Klockbojen 4 property in the center of Larsberg on Lidingö. The contract was preceded by a joint system documentation planning process that took place in 2017. The agreement means that the cooperation between the companies is expanded from ongoing maintenance and modification work in existing property stocks to also include new housing production.

“This is an excellent example of how we at Serneke like to work. Entering a partnership with the client at an early stage and influencing the design to optimize production is extremely fun and challenging. John Mattson is entirely in line with the type of clients we want to work with, as they take a long-term approach and are a highly professional organization,” says Niklas Wirström, Construction Manager at Serneke Construction.

The detailed plan for the youth apartments was developed as an express project in close cooperation with the City of Lidingö. The ambition is to develop Larsberg as an even more comfortable, safe and vibrant area while helping a group that has found it difficult to enter the housing market.

“From the commencement of the planning assignment to the approval of the detailed plan, the process took slightly less than a year, which is unusually fast. An ongoing dialogue with residents in the area and other stakeholders also generated interest in, and an understanding of, the project, resulting in the plan not being appealed,” says Thomas Enmark, Project Manager at John Mattson Fastighets AB.

Project planning will start immediately, and the project is expected to be completed in the fourth quarter of 2019.

The order value of approximately SEK 90 million will be booked in the first quarter of 2018.

For additional information, please contact:

Niklas Wirström, Construction Manager, Serneke Construction
Tel: +46 70 379 68 81
niklas.wirstrom@serneke.se

Johan Live, Press Officer, Serneke Group
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 nearly SEK 5.6 billion and nearly 1,000 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, 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