Skanska Signs Contract to Build Apartments in Helsinki, Finland

Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki, Finland. The contract is worth EUR 34M, about SEK 350M, to be included in the Nordic order bookings for the fourth quarter 2020.

The project encompasses three apartment buildings totaling 170 subsidized apartments in Jätkäsaari district in Helsinki. The buildings will represent the highest energy-efficiency class and include rooftop solar panels that will help generate some of the electricity used by the property. In addition, a wastewater heat recovery system will be installed in the tallest of the three buildings.

Skanska will be responsible not only for the construction of the site, but also for its design and technical building installations. The buildings will be built on the same block where the contractor is constructing other rental apartments for the City of Helsinki.

The project start is planned for December 2020, and the project will be completed in the third quarter of 2023.

Image courtesy of Arkkitehtiryhmä A6 Oy.

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