/ News / Skanska invests EUR 38M, about SEK 400M, in a residential development project in Espoo, Finland

Skanska invests EUR 38M, about SEK 400M, in a residential development project in Espoo, Finland

Parul Dubey on November 8, 2022 - in News, Projects

Skanska invests in a residential development project in Espoo, Finland. The total investment amounts to EUR 38M, about SEK 400M. The building will be 17 storeys high and consists of 133 apartments.

The project has the highest energy efficiency class, and it is aiming to receive the RTS Environmental Classification for the site. Solar panels on the rooftop will help generate some of the electricity used by the property.

On the top floor there will be a large communal space, which for example can be used for remote working or organizing events. There will also be excellent storage and maintenance facilities to encourage biking all year round. The site is located next to a new metro station, which will open later this year.

Construction started in November 2022, and completion is scheduled for the first quarter 2025.

For further information please contact:

Pilvimaari Strömberg, Communications Manager, Skanska Finland, tel +358 40 519 4787

Matti Kataja, Press Officer, Skanska AB, tel +46 (0)10 449 67 98

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

                             

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2021 revenue totaling SEK 148 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 30,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

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