Skanska develops and constructs residential housing in Gothenburg – invests approximately SEK 450 M

1/7/2008 8:33 AM CET
Press release

Skanska is to develop and construct a new residential area adjacent to Frölunda Torg in Gothenburg. Skanska has entered into an agreement with Diligentia regarding the purchase of land with the associated building rights. Skanska’s investment in land and project development will amount to approximately SEK 450 M.

The new residential area, comprising three buildings from three to nine floors high, is being built with a parking deck on the bottom level. In total, Skanska will construct about 180 apartments in varying sizes, but with a focus on three-room apartments.