Swedish construction and project development company Skanska has committed EUR 21 million, approximately SEK 230 million, to build a new residential scheme in Helsinki, Finland.

The proposed development will deliver 50 new homes in the Finnish capital. Environmental performance stands at the centre of the scheme’s design, with the building engineered to achieve the highest energy efficiency rating alongside the YL Environmental Classification. A green roof will also cover part of the structure as part of its sustainable design elements.

Work on site is scheduled to start during the fourth quarter of 2026. Construction will run over an 18-month window, with final delivery expected in the second quarter of 2028.