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Regulatory press release

Jefast Holding AB: Jefast to start construction of a 20-story residential project in central Helsingborg

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Jefast Holding AB (publ) has entered into an agreement with MTA Bygg och Anläggning i Skåne AB construction company to start the construction of a 20-story residential project in central Helsingborg. The project is a part of the three dimensional property Helsingborg Holland 25, 26 & 27 that Jefast has developed over the last years. The properties consists of a full block located in the city center of Helsingborg and currently has both a top modern cinema, offices, restaurants and cafés as well as a pharmacy, parking garage and a grocery store.

With the new construction Jefast will add 83 residential apartments - all with oceanic views and with a total of 20 stories the views of Öresund will be astonishing.

 

"We are very happy to announce the final part of this project, says Cassandra Jertshagen CEO Jefast. We have developed this block over the last couple of years and adding 83 apartments will be beneficial not only for our property but the attractiveness of the entire city!"

 

The project will start during the spring of 2021 and will take approximately 23 months to finalise. The contract is a turnkey contract with a fixed price.

For further information, please contact:

Cassandra Jertshagen, CEO
+46 (0) 42 36 12 01
cassandra@jefast.se

 

This information is information that Jefast Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation ((EU) No 596/2014). The information was submitted for publication, through the agency of the contact person set out above, on 16 February 2021 at 12:30 CET.

 

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Jefast was founded in 1977 and has since then had its headquarter in Höganäs, Skåne. Jefast owns and develops properties in Höganäs and Helsingborg and its close surroundings, as well as a hotel in Fort Lauderdale, Florida USA. The company owns a total of 74,825 square meters including both commercial and residential properties in Sweden as well as a hotel in Florida.

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