Peab has been contracted to carry out renovation and extension of existing office premises in the government district in Södra Klara in central Stockholm. The client is the Swedish National Property Board and the contract amounts to approximately SEK 1 billion.
The contract covers about 45,000 square meters of office space to gain new spatial distribution and densification, all new installations and more. Adelcrantzska Palace, is part of the office complex, to be restored in its entirety.
Work has begun and is expected to be completed at the turn of 2017/2018.
The project will be reported in the third quarter of 2015.