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    Reference: 20170064
    Release date: 9 June 2017

    Promoter – Financial Intermediary




    Renovation of a commercial centre and development of affordable housing and community facilities in the Rosengård city district of Malmö, Sweden


    The project will help to alleviate current housing supply shortages and contribute to the overall urban regeneration of designated areas.


    Proposed EIB finance (Approximate amount)

    SEK 500 million (EUR 49 million)

    Total cost (Approximate amount)

    SEK 2000 million (EUR 196 million)

    Environmental aspects

    Sweden, as an EU Member State, has harmonised its environmental legislation in line with the relevant EU directives (2011/92/EU and 2001/42/EC). The Bank's appraisal will focus on the promoter's environmental management capacity to properly apply the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives where appropriate. Compliance with the EU Directive on the energy performance of buildings (recast) (2010/31/EU) will be further examined during appraisal.


    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.


    Under appraisal - 22/05/2017


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Sweden Urban development