Skanska invests €46.2m in Oslo resi scheme (NO)

Skanska invests €46.2m (NOK 470m) in the sixth phase of the residential project Ensjo Torg in Oslo, Norway. The construction contract is worth €36.6m (NOK 372m) which will be included in the Nordic order bookings for the first quarter of 2020.

The sixth phase of the project, called Tigergarden, consists of 161 apartments. The scheme includes several green areas on the rooftops and on the ground and is developed to make it easier to live an environmentally friendly lifestyle with many parking spots for bicycles and possibilities for growing of own greens and vegetables.

Tigergarden aims to be environmentally certified as BREEAM-NOR level Very Good. Construction started in January 2020 and will be completed in October 2022.

Skanska started the building of Ensjo Torg project in 2017, and it will consist of approximately 620 units in total. Tigergarden is the sixth out of seven phases.