Swedish construction and development giant Skanska has signed a 25-year rental agreement with the Winn Hotel Group for a new hotel in Gothenburg. Skanska's investment totals SEK 400 mln (EUR 44.5 mln) and the construction assignment amounts to SEK 310 mln.

The hotel to be situated in Lindholmen will be operated as a Radisson Blu Hotel and will have 266 rooms over a total area of 12,000 m2. The building will have a green profile and will be designed to obtain a Gold Level LEED certification.

The hotel will be situated just next to the water at Norra Älvstranden, next to the Lindholmen Science park. Construction will commence in spring and the hotel will be completed at the beginning of 2013.