PROBIS Banks in Stockholm: Financial Control for the iconic STURE urban district.
PROBIS Banks supports the STURE project in Stockholm with digital controlling and clear fund allocation.
In the heart of Stockholm, a pioneering urban district is emerging around the historic Stureplan – one of Scandinavia's most significant urban development projects. The Abu Dhabi Investment Authority (ADIA), together with project developer TAM Group and local planning partner Archus, is committed to the highest quality, sustainability, and modern digital control. PROBIS Banks is being deployed for the financial control and cost management of this multi-billion-euro project.
A Milestone for Stockholm
The STURE project represents a careful yet ambitious redevelopment of the historic city center around the well-known streets Birger Jarlsgatan, Sturegatan, Humlegårdsgatan and Hästskon. The goal is to future-proof the district with its iconic buildings, passages, shops, and restaurants – architecturally, ecologically, and economically.
The focus is on:
- The Renovation and Expansion of Existing Buildings
- New Office Spaces, Residential Space, Gastronomy, and Retail
- Sustainable Mobility and Energy Concepts
- Preserving the historical identity of Stureplan
Digital control for a complex large-scale project
Especially for a project of this dimension and complexity, transparent processes, cost control, and risk management are crucial for success. This is precisely where PROBIS Banks comes into play. Together with local partner Archus, PROBIS provides continuous digital control of:
- Costs
- Construction Progress
- Schedules
- Risks
- Quality requirements
secure – standardized, audit-proof, and traceable at all times.
A strong indicator of PROBIS's international applicability.
The STURE project underscores the added value that PROBIS Banks offers not only in Germany but also in international markets. As a digital platform for structured fund utilization and project controlling, PROBIS supports investors, banks, and project developers in implementing complex large-scale projects efficiently, securely, and in compliance with regulations.
Further information on the STURE project can be found at nyasture.se.
Featured Articles
Explore further insightful articles from PROBIS.
Learn More
Experience PROBIS with a free trial now!
PROBIS intelligently integrates all cost management processes into a single solution. Gain complete control over all costs and revenues throughout every project phase.
- Intelligent Developer Costing
- Full Cost Control
- Risk Analysis & Early Warning System
- AI-powered Benchmarking