Thursday, 18 December 2025
Skanska has signed an agreement with the City of Helsinki to construct a rental housing project in the Finnish capital. The contract is valued at approximately €32 million (around SEK 350 million) and will be recorded in Skanska’s Nordic order bookings for the fourth quarter of 2025.
The project will comprise two residential buildings of six and eight storeys, providing a total of 182 rental apartments. Of these, 20 units will be designed to accommodate residents with special needs. The development will have a total gross floor area of approximately 11,900 sq m.
The buildings are planned to achieve a three-star rating under the Rakennustieto environmental classification system, which covers criteria related to energy efficiency, indoor environmental quality and sustainable construction practices.
Construction is scheduled to commence in the fourth quarter of 2025, with completion expected in autumn 2027.
