Skanska to build mixed-use development in Norway’s Helgerudkvartalet for NOK 410M

Skanska to build mixed-use development in Norway’s Helgerudkvartalet for NOK 410M

(IN BRIEF) Construction company Skanska has announced a NOK 410 million ($48.5 million) contract to build a mixed-use building in the Helgerudkvartalet urban development project in Sandvika, Norway. The building will include 8,500 square metres of housing and 8,200 square metres of commercial space, and be environmentally certified in accordance with BREEAM NOR Excellent. Work is scheduled to start in December 2023, with completion due in Q4 2025.

(PRESS RELEASE) STOCKHOLM, 18-Mar-2023 — /EuropaWire/ — Skanska has signed an additional contract with Andenæs Eiendom to build the next phase of Helgerudkvartalet in Sandvika, Norway. The contract is worth NOK 410M, about SEK 424M, which will be included in the Nordic order bookings for the first quarter of 2023.

Helgerudkvartalet is an urban development project in Sandvika, west of Oslo. This phase of the project consists of a mixed-use building containing approximately 8,500 square meters of housing, and 8,200 square meters of commercial space. The lower floors include shops and restaurants, and the higher floors contain three residential towers with 86 apartments. The project will be environmentally certified in accordance with BREEAM NOR Excellent.

Construction is scheduled to start December 2023 and completion is scheduled for the fourth quarter of 2025.

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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 2022 revenue totaling SEK 162 billion.

We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 28,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.

Media Contact:

Tor Arne Midtskogen
EVP Building
Skanska Norway
tel +47 93 44 44 65

Audun Lågøyr
EVP HR & Communications
Skanska Norway
tel +47 93 45 25

Matti Kataja
Acting Head of Media Relations and Public Affairs, Skanska AB,
tel +46 (0)10 449 67 98
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Source: Skanska

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