Skanska to build apartments for HSB
Skanska Bostäder in Stockholm and the housing cooperative HSB Stockholm have entered into a cooperation agreement covering the new construction of residential buildings in Solna, Sundbyberg and Stockholm. The agreement involves Skanska selling two of its own housing development projects and carrying out a number of HSB's own projects as contractor. In total, Skanska is the contractor for about 800 apartments. The start of construction for the first project is in the autumn. The contracting amount is approximately SEK 800 M.
SKANSKA TO BUILD 800 APARTMENTS FOR HSB
Skanska Bostäder in Stockholm and the housing cooperative HSB Stockholm have entered into a cooperation agreement covering the new construction of residential buildings in Solna, Sundbyberg and Stockholm. The agreement involves Skanska selling two of its own housing development projects and carrying out a number of HSB's own projects as contractor. In total, Skanska is the contractor for about 800 apartments. The start of construction for the first project is in the autumn. The contracting amount is approximately SEK 800 M.
"This is a step in applying our business concept to meet customers' requirements for project development and offer the forms of cooperation which our customers want," says Arne Olsson, Regional Manager, Skanska Bostäder, Stockholm.
"Today, we are experiencing a distinct increase in demand for apartments from our members. Despite a number of our own acquisitions, such as the Finnboda shipyard site, we need more apartments in favorable locations and this agreement meets this need," says Håkan Falk, Construction and Property Manager, HSB Stockholm.
Danderyd, August 6, 1998
SKANSKA SWEDEN
Information
For further information, contact:Arne Olsson, Regional Manager, Skanska Bostäder, Stockholm. Tel +46 8 627 3000
Håkan Falk, Construction and Property Manager, HSB Stockholm. Tel +46 8 785 3000
Lisa Lindh, Information Manager, Skanska Sweden. Tel +46 8 40 14 41 41, or
Mårten Lilja, Information Manager, HSB Stockholm. Tel +46 8 785 3000.