CETPeab has been commissioned to build a new building centrally located in Orebro for Klovern.

The new high-rise will contain around 160 rooms. The contract is worth around SEK 218 million.

The new hotel, Scandic Orebro Central, will be placed at the northern entrance to Orebro Center and is part of Klovern's Orebro Entre. The fourteen-story building will be about 8,600 m2 and 48 meters high. A hotel, including a lobby, restaurant and gym, will occupy nine of the floors. The other floors will contain offices.

The project is a turnkey contract. Construction will begin at once and is expected to be completed in January 2022.

At the first symbolic groundbreaking Nils Staffansson, Region Manager Peab, Peter Jangbratt, Head of Scandic Hotels Sweden and Rutger Arnhult, CEO of Klovern shared a three-handled spade.

'This project is in an attractive location where we are aware there is a demand for hotel rooms, so we are happy to be able to contribute to the development of City of Orebro,' says Nils Staffansson, Region Manager Peab.

Contact:

Tel: +46 733- 37 32 00

Peab is a leading Nordic construction and civil engineering company with about 15,000 employees and about SEK 54 billion in net sales. The Group has strategically placed offices in Sweden, Norway and Finland. Company headquarters are in Forslov on Bjare Peninsula in southern Sweden. The Peab share is listed on NASDAQ Stockholm.

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