Swedish construction company Skanska has received its first contract from Norwegian residential development company Fornebu Boligspar for the expansion of the new Fornebu residential area in Oslo. The project comprises a total of 26,000 m[sup]2[/sup] and the contract for NOK 365 mln (EUR 46.5 mln) is included in order bookings for the first quarter of 2008.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
