Skanska develops residential scheme in Espoo for €38m

Global property developer Skanska has invested €38 mln in a residential development project in Espoo, Finland.

The building will be 17 storeys high and consist 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.

On the top floor there will be a large communal space, which for example can be used for remote working or organizing events. There will also be storage and maintenance facilities to encourage biking all year round.

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.

Skanska Group operates across select markets in the Nordics, Europe and USA.


Latest news

Best read stories