Skanska to invest in 78 apartments residential project in Helsinki, Finland

Skanska to invest in 78 apartments residential project in Helsinki, Finland

(PRESS RELEASE) STOCKHOLM, 22-Nov-2022 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced it will invest some EUR 45 million (~SEK 500 million), in a residential development project in Helsinki, Finland. The construction contract is worth EUR 32 million (~SEK 350 million) and will be included in the Nordic order bookings for the Q4 of 2022.

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

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



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