Diligentia, one of Sweden's largest real estate companies, has contracted construction giant Skanska to extend its Väla Centrum shopping centre outside the Swedish city of Helsingborg. The contract amounts to SEK 330 mln (EUR 34 mln).

Diligentia, one of Sweden's largest real estate companies, has contracted construction giant Skanska to extend its Väla Centrum shopping centre outside the Swedish city of Helsingborg. The contract amounts to SEK 330 mln (EUR 34 mln).

The project comprises a 36,000-m2 renovation and extension (13,000 and 23,000 m2, respectively), resulting in a complete transformation of the shopping centre facility.

Work on the site will commence immediately and will be completed in mid-2012. The shopping centre will remain open during the construction period.