PROBIS Banks in Stockholm: Financial control for the iconic STURE urban quarter
PROBIS Banks is supporting the STURE project in Stockholm with digital controlling and clear use of funds.
Right in the heart of Stockholm, a pioneering urban quarter is being built around the traditional Stureplan - one of the most important urban development projects in Scandinavia. The Abu Dhabi Investment Authority (ADIA), together with the project developer TAM Group and the local planning partner Archus, is focusing on the highest quality, sustainability and modern digital control. PROBIS Banks is being used for the financial control and cost management of the billion-euro project.
A milestone for Stockholm
The STURE project stands for a cautious yet ambitious further development of the historic city center around the well-known streets of Birger Jarlsgatan, Sturegatan, Humlegårdsgatan and Hästskon. The aim is to make the district with its iconic buildings, arcades, stores and restaurants fit for the future - architecturally, ecologically and economically.
The focus is on:
- The renovation and extension of existing buildings
- New office space, residential space, restaurants and retail
- Sustainable mobility and energy concepts
- Preserving the historical identity of the Stureplan
Digital control for a complex large-scale project
Transparent processes, cost control and risk management are crucial to the success of a project of this size and complexity. This is exactly where PROBIS Banks comes into play. Together with its local partner Archus, PROBIS provides end-to-end digital control of:
- Costs
- Construction progress
- Schedules
- Risks
- Quality requirements
secure - standardized, audit-proof and traceable at all times.
A strong signal for the international use of PROBIS
The STURE project underlines the added value that PROBIS Banks offers not only in Germany, but also on international markets. As a digital platform for the structured use of funds and project controlling, PROBIS supports investors, banks and project developers in implementing challenging large-scale projects efficiently, securely and in compliance with regulations.
Further information on the STURE project can be found at nyasture.se.
Top article
Read more exciting articles from PROBIS
Learn more
Test PROBIS now without obligation!
PROBIS intelligently combines all cost management processes in one solution. Always have all costs and revenues under control throughout all phases of a project.
- Intelligent Developer Calculation
- Full cost control
- Risk analysis & early warning system
- AI-based benchmarking