In addition to the construction of three residential buildings, the project includes building a parking garage. The apartment buildings will have wooden facades and wood will be used extensively in other parts of the buildings such as in some of the partition walls in the apartments. The ventilation rooms will also be wood. The apartments will be built according to energy class A and the construction sites will run on green electricity. The total gross area of the property is 8,300 m2.

"It's always exciting to start a new project. We have had a well-functioning collaboration with YH Kodit and created a good foundation for the actual construction. We're proud to be able to contribute to more homes in this emerging part of Tampere," says Kalle Kulmala, Division Head Peab.

The project will begin in June 2026. Occupancy will take occur in stages during the autumn of 2027 and the winter of 2028.

The project will be order registered in business area Construction in the second quarter 2026.

For further information, please contact:

Peab's Press Office, +46 10 456 86 00 or pressjour@peab.se

Kalle Kulmala, Division Head Peab, Finland, +358 40 7132 046

Juha Hartomaa, Head of Investor Relations Peab, +46 725 333 145