Skanska invests €38m in Finnish residential development project

Skanska invests €38m in Finnish residential development project

Skanska has invested €38 million(about SEK 400m) in a residential development project in Espoo, Finland.

The building will be 17 storeys high and consists of 133 apartments.

The project has the highest energy efficiency class, and it is aiming to receive the RTS Environmental Classification for the site. Solar panels on the rooftop will help generate some of the electricity used by the property.

The site is located next to a new metro station, which will open later this year.

Construction started in November 2022, and completion is scheduled for the first quarter 2025.