Skanska to invest in a residential project for Nordic Ecolabel apartments in Solna, Sweden

Skanska to invest in a residential project for Nordic Ecolabel apartments in Solna, Sweden

(PRESS RELEASE) STOCKHOLM, 28-Feb-2022 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced it will invest about SEK 470 million (~ EUR 44 million) in the sustainable residential project Kaprifolen with 127 Nordic Ecolabelled apartments in Solna, Sweden. Worth some SEK 300M (~ EUR 28 million), the construction contract will be included in the Swedish order bookings for the first quarter of 2022.

The project in Solna, near Stockholm, strives to reduce the climate footprint from the time the shovel is placed in the ground until long after moving in. So-called green concrete, which has up to 50 per cent less climate impact compared to ordinary concrete, will be used, as will solar cells.

The buildings will be certified according to the Nordic region’s official Nordic Ecolabel. This means high demands on quality, environmental, energy and health aspects. Everything in the building – from the color of the walls to floors, cabinets and windows – has undergone an external inspection. The homes have lower energy use than the Swedish building regulations, and higher requirements for chemicals and ventilation. On the whole, this means a better indoor environment and a lower climate impact than other comparable new buildings.

Construction will begin in the spring of 2022 and is expected to be completed by the end of 2024. Occupancy will take place gradually in 2024.

Media contacts:

Olof Rundgren, Media Relations Manager, Skanska AB, tel: +46 (0)10 448 67 94
Direct line for media, tel +46 (0)10 448 88 99

SOURCE: Skanska AB