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Skanska invests about SEK 470M in the residential project Kaprifolen in Solna, Sweden

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Skanska invests about SEK 470M in the sustainable residential project Kaprifolen with 127 Nordic Ecolabelled apartments in Solna, Sweden. The construction contract is worth about SEK 300M, which will be included in the Swedish order bookings for the first quarter of 2022.

The project in Solna, near Stockholm, strives to reduce the climate footprint from the time the shovel is placed in the ground until long after moving in. So-called green concrete, which has up to 50 per cent less climate impact compared to ordinary concrete, will be used, as will solar cells.

The buildings will be certified according to the Nordic region’s official Nordic Ecolabel. This means high demands on quality, environmental, energy and health aspects. Everything in the building – from the color of the walls to floors, cabinets and windows - has undergone an external inspection. The homes have lower energy use than the Swedish building regulations, and higher requirements for chemicals and ventilation. On the whole, this means a better indoor environment and a lower climate impact than other comparable new buildings.

Construction will begin in the spring of 2022 and is expected to be completed by the end of 2024. Occupancy will take place gradually in 2024.

For further information please contact:

Olof Rundgren, Media Relations Manager, Skanska AB, 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.

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2021 revenue totaling SEK 148 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 30,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.