Skanska’s investment totals about SEK 400m (£38.7m) with a construction value of SEK 310m.
The building will have a green profile and will be designed with the aim of achieving the Gold Level as set by the international certification system, LEED. It will be operated as a Radisson Blu Hotel and will have 266 rooms.
The project is an example of ‘bundled construction’, through which construction units use the Group’s financial strength to create new business opportunities. A bundled construction project is started when a long-term leasing contract is signed. Another example is Malmö’s Concert Hall, Congress & Hotel complex, a project in which Skanska is investing in certain parts.
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