Skanska invests €51 mln in office property in Stockholm, Sweden (SE)

Skanska invests SEK470 mln (approx. €51 mln) in the office property Stockholm Seaside in Stockholm, Sweden. The construction contract for Skanska Sweden is worth SEK 275 million (approx. €30 million), which will be included in order bookings for the third quarter 2014.
The new office building is the first building in the Stockholm New district in Hammarby Sjöstad in southern Stockholm. The building offers a total area of 14,000 m² just a few minutes from central Stockholm. The house is equipped with terraces and glass facade to take advantage of the view and the unique location right on the canal.
Work has started and is estimated to be completed by the end of 2016.
Source: Skanska