VEIDEKKE ASA Veidekke's subsidiary Arcona has been commissioned byAberdeen Standard Investments andAilon Group to undertake conversion of the property Påsen 15 inHammarby sjöstad,Stockholm . Work on theSEK 200 million design and build contract is scheduled for completion in spring 2021. Transformatorverkstaden, originally a 1940s industrial building, will be converted into microliving and coworking office space. "This is an exciting project in a characteristicHammarby sjöstad building. We are now working along several parallel tracks to ensure that the property is long-term sustainable, says Christian Schjødt-Eriksen from the investment company Aberdeen Standard Investments andJacob Cronstedt from the property developer Ailon. "We appreciate being entrusted with the conversion of Transformatorverkstaden. We have extensive experience from similar conversions and are very excited to contribute to creating this new microliving/coworking concept," saysHans Karlsson , project development at Arcona. Transformatorverkstaden is located in a growth area ofStockholm - a lively neighbourhood with new homes and offices, restaurants, cafes, school, grocery shops, hotel and good public transportation. The old factory will retain its industrial character, with tall windows, ceilings and beams, providing the building with a characteristic look and identity. The architect for the project is +Rolf. For more information, contact: Mats Nyström, CEO Veidekke Sweden, ph. +46 705 37 12 60Hans Karlsson , project development Arcona, hans.karlsson@arcona.se, ph. +46 08 -601 21 76 For press photos, see https://veidekke.fotoware.cloud/fotoweb/archives/5028 -Pressebilder-Veidekke/ Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner -pa-meldinger/)Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building construction and civil engineering contracts, develops residential projects, maintains roads, and produces asphalt and aggregates. The company is known for its involvement and local knowledge. Its annual turnover isNOK 36 billion , and half of its 8,600 employees own shares in the company.Veidekke is listed on theOslo Stock Exchange and has always posted a profit since it was founded in 1936.
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