Skanska to invest EUR 31 million in 99 Nordic Swan Ecolabelled apartments as part of a residential development project in Umeå, Sweden

Skanska to invest EUR 31 million in 99 Nordic Swan Ecolabelled apartments as part of a residential development project in Umeå, Sweden

(PRESS RELEASE) STOCKHOLM, 29-Mar-2022 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced its plan to invest EUR 31 million (SEK 320 million) in 99 Nordic Swan Ecolabelled apartments as part of a residential development project in Umeå, Sweden. It represents the second stage of the project, which has a total of 160 apartments in the block that has been completed.

The residential area Verkstan in Umeå, Sweden, consists of sustainable, bright homes with social layouts and terraces or balconies. The site’s old industrial heritage is noticeable in details such as glass walls and windows with contrasting frames. The common social areas offer a roof terrace and boules court in the yard. In the Orangery there are co-working areas, a kitchen for social events and a wall of recycled bricks from previous buildings.

The homes will be certified according to the Nordic Swan ecolabel. This means high demands on quality, environmental, energy and health aspects. Everything in the home – from the color of the walls, floors, cabinets to windows – has undergone an external inspection. The homes have lower energy use than the building requirements, and higher requirements for chemicals and ventilation. According to the National Board of Housing, Building and Planning’s calculation model, the emissions is estimated at 260 kg CO2/square meter gross area, about 20 percent lower than a comparable building built in a traditional way.

Preparatory work has begun, and the project is slated for completion in the spring 2024. Occupancy will take place gradually starting in the autumn 2023.

Media contact:

Andreas Joons, Press Officer, 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.

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.

SOURCE: Skanska AB