Skanska is to invest SEK 250 mln (EUR 27.6 mln) in a new court of appeal building in the Universitetsholmen development in Malmo. The Swedish construction giant and the National Courtsd Administration have signed a 20-yearleasing agreement, Skanska announced on Monday. Universitetsholmen is the largest of the two development areas for the new Malmö University.
Skanska is to invest SEK 250 mln (EUR 27.6 mln) in a new court of appeal building in the Universitetsholmen development in Malmo. The Swedish construction giant and the National Courtsd Administration have signed a 20-yearleasing agreement, Skanska announced on Monday. Universitetsholmen is the largest of the two development areas for the new Malmö University.
The new Court of Appeal building in the Flundran block will comprise a total of 10,000 m2 of office space, proceedings rooms and related areas. In addition to the Skane and Blekinge Court of Appeal, the Regional Rent Tribunal and Swedish Government Offices will also conduct business in the building, Skanska's statement said.
The court building will be in a unique location, surrounded by water on two sides and with a view over the Malmohus castle. The building is designed by the Danish architect Kim Holst Jensen. The project will be start at year-end 2006 and occupancy is scheduled for the third quarter of 2008.