The start of construction is planned for 2019, with occupancy in 2021. The area around Elverkshuset will be developed into a conurbation that will be part of the city of Nacka. Already today, there is public transportation by commuter train and bus and in the future, the area will also be served by the planned expansion of the subway.

"SSM is focusing on a group of customers who are looking for functional and space-efficient apartments in central locations with good transportation links. The city of Nacka meets all three criteria, which is why the area is highly interesting for us to expand in," says Mattias Roos, CEO of SSM.

"Libu Invest aims to be an active participant in Nacka’s continued urban development. We have the highest respect for SSM’s competence and strengths within residential development when it comes to the company’s ability to develop space-efficient units as well as their commercial ability. This is why we are very satisfied to announce our cooperation," says Ola Lidfeldt, CEO of Libu Invest.