Skanska invests about SEK 530M in residential project in Täby north of Stockholm, Sweden
Rhea-AI Summary
Skanska is investing SEK 530M in the Mandelblomman residential project in Täby Park, Stockholm. The project includes 156 apartments ranging from one to five rooms, 75 parking spaces, and two premises. The construction contract is valued at SEK 350M and will be included in Q4 2024 bookings. The building features sustainable elements including solar cells covering 55% of the roof, climate-improved concrete, and energy usage 15% below regulatory requirements. The project will be Nordic Ecolabel certified and includes innovative battery storage generating income for the condominium association. Construction begins December 2024 with completion expected between summer 2026 and April 2027.
Positive
- New SEK 530M investment in residential development project
- Construction contract worth SEK 350M to be booked in Q4 2024
- Project includes revenue-generating battery storage system
- Energy efficiency 15% better than regulatory requirements
Negative
- None.
News Market Reaction – SKBSY
On the day this news was published, SKBSY gained 3.37%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
STOCKHOLM, Nov. 29, 2024 /PRNewswire/ -- Skanska invests about SEK 530M in the residential project Mandelblomman in Täby Park outside Stockholm. Mandelblomman consists of 156 apartments, 75 parking spaces in a garage and two premises. The construction contract is worth about SEK 350M, which will be included in the order bookings for Skanska Sweden in the fourth quarter of 2024.
The residential building will be four to seven stories high and will contain 156 apartments of varying sizes, from one to five rooms and kitchen. A terrace will be built on the roof, and at the back, there will be a lush courtyard with a pergola.
The building will be equipped with solar cells on the roof corresponding to approximately 55 percent of the roof surface. In the garage there will be 15 spaces for electric car charging and a car and bicycle pool has been procured for the condominium association. The house is built with climate-improved concrete and the energy use is 15 percent lower than the requirements in BBR (Boverket's building regulations). Like all of Skanska's self-developed residential buildings in Sweden, it will be certified according to the Nordic Ecolabel.
An interesting detail in the project is that there will be battery storage that can be used as a support service for Svenska kraftnät, which generates an income for the condominium association.
Construction start is planned for December 2024 and occupancy will take place in stages from summer 2026 to April 2027.
For further information please contact:
Olof Rundgren, Media Relations Manager, Skanska, tel +46 (0)10 448 67 94
Direct line for media, tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
20241129 SE residential project Taby | |
https://news.cision.com/skanska/i/image-1---mandelblomman,c3356266 | Image 1 - Mandelblomman |
https://news.cision.com/skanska/i/image-2---mandelblomman,c3356265 | Image 2 - Mandelblomman |
FAQ
What is the total investment value of Skanska's (SKBSY) Mandelblomman project in Täby?
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