Construction firm Skanska has acquired two cooperative-housing projects from Sveriges Bostadsrattscentrum (SBC ). The acquisition entails building rights and progressive project plans for a total of about 280 cooperative apartments in prime locations in the Gothenburg area.
Skanska’s total investment following the completion of the projects is estimated at about SEK1.2 billion. The Fiskeback project is located by the Fiskeback marina southwest of Gothenburg. The project is situated on the coast and encompasses about 140 apartments, 140 underground-parking places and 125 berths. Sales are expected to commence in 2010 with preliminary occupancy in 2011-2012.
The other project, Johanneberg, is located within walking distance of the central districts of Gothenburg. The project encompasses about 140 apartments with 130 underground parking places. Sales at Johanneberg are expected to commence in 2012, with occupancy in 2013.
Lars Bjorklund, president of residential development at Skanska Nordic, said: “New homes are in strong demand among Skanska’s customers. It is gratifying that, through the acquisition of two excellent land plots in Gothenburg, Skanska has the opportunity to offer its customers new, energy-efficient homes in prime locations.”
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