STURE, Stockholm

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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 compliantly.

  • Stockholm
  • 2023
    ...
  • 80600
    square feet

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.

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Services

PROBIS Features

Here you will find a list of features utilized in PROBIS to execute this project.

Further information on the project

Products Used

PROBIS

Calculate

Intelligent risk identification and assessment, along with standardized control mechanisms.
PROBIS

Manage

PROBIS guarantees data consistency and standardized processes, from cost determination to cash flow planning.
PROBIS

Demonstrate

Automated forecast generation allows for real-time identification of deviations from the planned budget.
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