Peab builds a parking garage and office space in Turku

Peab has been commissioned to build a parking garage and commercial space in Turku. The customer is Reale Rakennus Oy and Litu Oy and the contract is worth EUR 15 million.

Peab has been commissioned to build a parking garage and commercial space in Turku. The customer is Reale Rakennus Oy and Litu Oy and the contract is worth EUR 15 million.

The project entails building an underground two level parking garage, commercial space on the ground floor and offices on the second. The new complex will also be the foundation for four new future apartment buildings that will be built on top of it.

“We collaborate well and have already completed several successful projects. We began planning this project back in 2019 and are really pleased to get started now, thereby continuing to contribute to building the community of Turku,” says Matti Joensuu, Region Manager Peab.

The project is a turnkey contract. Construction will start in September 2021 and the project is expected to be completed around September 2023.

The project will be order registered in the third quarter 2021.


For further information, please contact:

Matti Joensuu, Region Manager Peab, +358 40 713 2810

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

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