Skanska To Invest SEK600m In Stockholm
According to the company, the sales process for the apartments will commence in May 2010. Construction of the Iskristallen in the Kungsholmen district will be conducted by Skanska Sweden and is expected to commence in April 2010.
Kaj Stenman, sales manager for Sweden, Skanska Residential Development Nordic, said: “Our customers show great interest in our new homes and we are now starting certain projects without the normal requirement of advance sales of units. As a rule, about 40 percent of the homes should be sold in advance of the actual construction process commencing.
“This is a very attractive location. The apartments in the adjacent Snöflingan project, which was completed last year, were sold out in two days. We believe that demand will remain strong, primarily in prime locations in the large urban regions, and to meet this interest, we are now increasing project start-ups.”
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