The project encompasses modular housing for 356 students totalling approximately 9,000 square meters at Longyearbyen on Svalbard.

The project start is planned for March 2020. The student housing will be completed in July 2021.

Skanska is one of the leading development and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska had sales of about SEK 67 billion and more than 15,500 employees in its Nordic operations during 2018.