Skanska to develop EUR 48m residential scheme in Gothenburg

Swedish construction company Skanska is to develop and construct a new housing scheme in Gothenburg. The company purchased the land and building rights from Diligentia and said its total investment in the land and project development will amount to EUR 48 mln (SEK 450 mln). The residential project will provide 180 apartments of varying sizes and will be one of the first 3D properties to be registered in Gothenburg. 3D means that a property can be divided up into different areas of use with different owners.

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