Press release

Skanska invests EUR 45M, about SEK 500M, in a residential development project in Helsinki, Finland

Skanska invests in a residential development project in Helsinki, Finland. The total investment amounts to EUR 45M, about SEK 500M. The construction contract is worth EUR 32M, about SEK 350M, which will be included in the Nordic order bookings for the fourth quarter of 2022.

Image 20221122 FI residential development Helsinki

The building is located right by the sea, and it consists of 78 apartments. The apartment offering is versatile, for example in addition to the townhouses some of the apartments are multi-storey homes.

The project has the highest energy efficiency class, and it is aiming to receive the RTS Environmental Classification for the site.  The building utilizes a unique seasonal energy storage that uses sea water heated by the sun and the recycled heat of residential buildings. Due to the innovative energy solution the building’s carbon footprint is almost zero during the usage phase. Additionally solar panels on the rooftop will help generate some of the electricity used by the property. The parking spaces are equipped with electric car chargers.

The building will have a communal space, sauna compartment, laundry room and excellent storage and maintenance facilities to encourage biking all year round.  Construction started in November 2022, and completion is scheduled for the first quarter 2025.

For further information please contact:

Jacob Birkeland, Head of Media Relations and Public Affairs, Skanska AB, tel +46 (0)10 449 04 94

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

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

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A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager