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23.12.2014 08:36:00

Peab Sells Residential Property in Linköping

Regulatory News:

Peab (STO:PEABB)

Peab sells residential property Ishalkan 18 in Linköping. Buyers are Slättö AB and property value amounts to approximately SEK 120 million.

The property comprises 72 apartments and has a living space of approximately 4,700 sqm. Rental apartments are under construction and will be complete in January 2015.

Withdrawal from the property will be on 30 December 2014.

Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 23 December 2014 at 08.30 am.

Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 40 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.

This information was brought to you by Cision http://news.cision.com

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