The Swedish city of Malmö will drive the construction of more than 1,500 new homes with high energy-efficiency standards thanks to a €225 million loan granted by the European Investment Bank (EIB). The financing will make it possible to build 13 residential buildings developed by the municipal company MKB Fastighets AB, with phased deliveries scheduled until 2029. The homes, mostly one to four-bedroom units, will exceed national requirements for energy performance, thus reinforcing the climate objectives of both Sweden and the European Union.

The initiative is part of Malmö’s sustained growth, the third largest city in Sweden, which is expanding at a demographic rate higher than the national average and plays a key role in the regional economy thanks to its connection with Denmark via the Öresund Bridge. The loan, which represents the EIB’s seventh operation with the city since 1995, strengthens a long-standing collaboration aimed at promoting more sustainable urban development.