Swedish builder Peab has been commissioned to build a EUR 44 million (US$ 47 million) prison in the Swedish city of Borås.
The customer is Specialfastigheter, and the contract is valued at SEK 499 million (US$ 47.2 million). The jail, situated near the Borås travel center, will be a seven-story building accommodating 116 prisoners. The jail will be part of the new judicial center, which will also feature a new police station and district court. The project is a turnkey contract, with work on the site already underway and the building's frame currently being erected. The project was officially registered in Q2 of 2024 and is expected to be completed in 2026.
Country updates
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April 24, 2024
Agreement signed to build new care building at hospital in Hässleholm
Skanska has signed an agreement with Region Skåne to build a new care building and a new service building at the hospital in Hässleholm, Sweden. The care and service buildings will f...
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December 20, 2023
USD 547.8 million Investment for Copenhagen Infrastructure V Fund
Swedish pension and insurance group Folksam has invested SEK5.6 billion (USD 550.8 million) in the Copenhagen Infrastructure V (CI V) fund. CI V has achieved an initial closing of EUR 5.6 billion (US...
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October 03, 2023
Cellnex Telecom agreed to sell 49% stake in its Nordic subsidiary to Stonepeak
Cellnex Telecom has agreed to sell a 49% stake in its Nordic subsidiaries, Cellnex Sweden and Cellnex Denmark to Stonepeak for EUR730 million (US$768.5 million). Stonepeak is a leading alternative in...
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May 22, 2023
Areim closes EUR446 million data centre fund
Areim has announced the final closing of its data center fund, Areim DC Fund, with EUR446 million (US$482 million) in committed capital. Areim DC Fund is focused on expanding Areim's data center...
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May 02, 2023
Telia to Sell operations and assets to Norlys
Telia has announced a 100 % sale of its Danish operations and assets to the Danish telecom group Norlys. Telia's Danish operations and assets are valued at US$920 million on a cash and debt-free...
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