Skanska builds rental apartments in Helsinki, Finland, for EUR 32M, about SEK 350M

Skanska has signed a contract with the City of Helsinki to build rental apartments in Helsinki, Finland. The contract is worth EUR 32M, about SEK 350M, which will be included in the Nordic order bookings for the fourth quarter of 2025.

The project consists of two residential buildings, standing six and eight stories high. The development will feature 182 rental apartments, including 20 apartments designed to support residents with special needs, with a total floor area of approximately 11,900 square meters.

The project targets a three-star rating under the Rakennustieto environmental classification, which sets standards for energy efficiency, indoor air quality, and sustainable site operations.

Construction is scheduled to begin in the fourth quarter of 2025 and is expected to be completed by autumn 2027.

Skanska Group uses knowledge & foresight to shape the way people live, work, and connect. More than 135 years in the making, we’re one of the world’s largest development and construction companies. We operate across select markets in the Nordics, Europe and the United States. Together with our customers and the collective expertise of our 26,000+ teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime. Skanska’s operations in Finland cover construction services and residential and commercial project development. Skanska employed about 1,500 people at the end of the year 2024.

For further information please contact:

Cristina Rinnetie-Uski, Marketing and Communications Director, Skanska Finland, tel +358 40 501 9816

Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

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