15.08.2014 Investor news

Caverion to carry out electricity work at the Valkea shopping centre in Oulu, Finland

Caverion and Skanska have signed a contract on electricity work at the Valkea shopping centre in Oulu, Finland. The value of the contract is EUR 3.5 million. The real estate developer and owner of the shopping centre is Osuuskauppa Arina.

The project execution encompasses all electrical installation work to be carried out in the new shopping centre, the parking garage, the office premises, the covered pedestrian street and the renovation of the existing Sampo House shopping centre, all forming part of the Valkea shopping centre project.

Construction work began in June and the shopping centre will be completed in the first half of 2016.

“We are very happy to have Caverion as a partner in this unique project. It is great to be involved in making the centre of Oulu an entity that serves the residents of Oulu as well as business travellers and tourists better than before,” says Sakari Jämsä, Regional Manager at Skanska Talonrakennus.

The Valkea shopping centre will be built in the Galleria and Kauppuri city blocks in the heart of Oulu. It will constitute a versatile interior urban space that boasts a wide range of fashion and services, including a Sokos department store, many designer stores, restaurants, cafés and a Sokos Herkku food store. In total, the investment exceeds EUR 100 million. 

Further information:

Caverion Finland, Kirsi Hemmilä, Communications Manager, tel. +358 50 390 0941, kirsi.hemmila@caverion.fi 

Distribution: NASDAQ OMX, principal media, www.caverion.com

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