Skanska and Cisterna cooperate in housing project
Skanska Housing Stockholm and AB Cisterna have formed a jointly-owned company to develop and carry out the Gåshaga Pirar housing project on Lidingö, in Stockholm.
SKANSKA AND CISTERNA COOPERATE IN HOUSING PROJEC
Skanska Housing Stockholm and AB Cisterna have formed a jointly-owned company to develop and carry out the Gåshaga Pirar housing project on Lidingö, in Stockholm.
The project comprises 350 apartments, mainly in the form of tenant-owner units (condominiums) in apartment blocks. Construction is scheduled to begin during the first half of 1999.
Fully constructed, the project is valued at approximately SEK 500 million.
Recently, Skanska also acquired 208,000 square meters of land with an ocean view at Gåshaga on Lidingö for the construction of 125-135 detached homes.
Danderyd, Sweden
March 19, 1998
SKANSKA AB
Group Corporate Communications
For further information, contact:Skanska Bostäder Stockholm, Kjell Karlsson, tel: 08-627 30 00
AB Cisterna, Jonas Kleberg, tel 08-772 07 35
Sture Seger & Co, Sture Seger, tel 08-644 95 95