Skanska invests in Finnish residential development

Skanska is investing €38 million (about SEK 400 million), in a residential development in Espoo, Finland.

The 17-storey building will comprise 133 apartments and will fall into the top energy efficiency class,
Skanska said in a statement. 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 within the property.

Designs include a large communal space on the top floor which can be used for remote working or organizing events. There will also be storage and maintenance facilities to encourage cycling all year round. The site is located next to a new metro station, which will open later this year.

Construction has started this month and completion is scheduled for the Q1 2025.