Press release (regulatory)
Skanska builds residential building in Stockholm for SEK 340 M
Skanska will construct a residential building with 178 apartments in Fredriksdal, Stockholm, for Sjöstadsbo AB. The contract is worth about SEK 340 M, which is included in order bookings for Skanska Sweden for the fourth quarter of 2014.
Sjöstadsbo AB is a joint venture company, owned 50 percent each by Skanska and Areim. The company was formed last year and bought about 700 development rights from Skanska to develop housing with good quality and good environmental performance. The current construction project is the first of five stages in the area.
The house will meet high sustainability standards and will be certified by Svanen, a Nordic eco-certification system that takes energy and material in to consideration but also things such as the indoor milieu.
The building is estimated to be completed autumn 2016.
Skanska Sweden is one of Sweden’s largest construction companies, with operations in building and civil-engineering construction. The business unit has approximately 11,000 employees and revenue in 2013 amounted to approximately SEK 30 billion. In Sweden, Skanska is also active in the development of residential construction and commercial premises.
For further information please contact:
Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10 448 88 08
Direct line for media, tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com
Media Relations contacts
Are you a journalist looking for information about Skanska or have questions about our operations? Our Media Relations team can help with press inquiries, interviews, background information and access to relevant resources.
Jacob Birkeland
Head of Media Relations & Public Affairs
Andreas Joons
Media Relations Manager
Olof Rundgren
Media Relations Manager