Skanska Sweden to build two new development projects

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development projects, Skanska Sweden

Skanska Sweden has been commissioned by Aranäs Fastigheter to build two new development projects and an office building in central Kungsbacka

The assignment is worth approximately SEK 305m, which is included in order bookings for Skanska Sweden for the second quarter of 2019.

The houses are being built in Valand, a completely new neighbourhood that connects the inner city with the Kungsmässan Shopping Center. In total, seven blocks will be built with both housing and business activity.

Lotta Cvach, district manager, Skanska Sverige AB, commented: “We are pleased with the confidence from Aranäs to be involved and continue to develop Kungsbacka. Here we have already collaborated on another stage, which gave us good experiences building on this exciting urban development project.”

The three houses comprise a total of 18,000 square meters of gross area and will be between four and five floors high.

Design work starts immediately with an estimated construction start in the fourth quarter of this year. The houses are expected to be completed in stages from the end of 2021 to February 2022.

Skanska is one of the leading project development and construction companies in the Nordic region, with operations in house construction and infrastructure construction in Sweden, Norway and Finland, as well as the development of housing and commercial properties in selected home markets.

Skanska had a turnover of approximately SEK 67bn in its Nordic operations and had more than 15,500 employees in 2018.

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