Skanska builds rental apartments in Helsingborg, Sweden, for SEK 350 M
Skanska has signed a contract with Magnolia Bostad to construct four buildings with a total of 327 rental apartments in Helsingborg, Sweden. The contract is worth SEK 350 million, which will be included in the order bookings for Skanska Sweden for the fourth quarter of 2015.Skanska has, together with Magnolia Bostad, developed the buildings within a project company, in which Magnolia Bostad now takes over the majority of the shares. Construction work is scheduled to begin in May 2016, and three years later the last building will be completed for occupancy. Skanska Sweden is one of