Fortinova Fastigheter AB (Publ) (OM:FNOVA B) signed a contract to acquire Project Traversen in Trollhättan from Peab AB (publ) (OM:PEAB B) for SEK 93.5 million on December 21, 2020. In a related transaction, Peab AB agreed to sell Project Flottiljen in Botkyrka to Niam, Project Poseidon in Västerås and Fristaden in Eskilstuna to Podium Fastigheter AB. The combined deal value of the transaction is approximately SEK 820 million.

All the tenancy projects will be on Peab's own balance sheet under construction and will be recognized in profit/loss when turned over in 2023.