Peab builds homes in Espoo

Peab has been commissioned to build two apartment buildings in Espoo. The customer is Espoon Asunnot Oy and the contract is worth EUR 10.7 million, approximately 118 million Swedish kroner.

The project comprises the construction of two apartment buildings with a total of 82 apartments as well as roofed courtyards and parking spaces. A noise barrier will also be built along with stairs to the adjoining street.

The project meets the requirements for energy class A. The buildings will be heated with geothermal heating and energy production will be supplemented with roof-mounted solar panels. Low-carbon building materials will be used.

"It's great that we can already start a new project with Espoon Asunnot Oy. We have worked really well together in our current project and we will continue to do so in this project," says Ilkka Laakeristo, Region Manager Peab.

The project will begin in June 2025 and is expected to be completed in November 2026.

The project is order registered in the second quarter 2025.

Illustration: ArkOpen Oy

For further information, please contact:

Ilkka Laakeristo, Region Manager Peab Finland, +358 40 767 6187

Juha Hartomaa, Head of Investor Relations Peab, +46 72 533 31 45

EA-Kalasääksentie-perspektiivit Sivu 1

Ilkka Laakeristo

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