Skanska has secured a SEK 370 million contract with Lundbergs Fastigheter to build four rental apartment buildings in Jönköping. The project in Södra Munksjön will feature commercial spaces, underground parking and a total gross area of over 21,700 square meters. Construction starts in mid-2026, with completion scheduled before the end of 2028 under the Miljöbyggnad Silver environmental standard.
The developer of Riyadh’s landmark business district, KAFD DMC, has secured a SAR 12 billion senior-secured Murabaha funding facility. Spanning a 15-year term, this marks the company’s first independently raised debt package. Arranged by Al Rajhi Capital alongside a syndicate of ten local and regional banks, the oversubscribed facility will fund further commercial asset delivery and infrastructure expansion across the premier financial hub.
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