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Skanska divests rental multifamily project in Sollentuna, Sweden, for about SEK 570M

M&A & RestructuringCompany FundamentalsCapital Returns (Dividends / Buybacks)

Skanska is selling its self-developed rental multifamily project Traktören 20 in Tureberg, Sweden, to the Folksam Group via KPA Pension for about SEK 570M. The deal value will be recorded in Skanska Commercial, with no further financial guidance or profitability changes provided in the excerpt.

Analysis

Skanska is selling its self-developed rental multifamily project Traktören 20 in Tureberg, Sweden, to the Folksam Group via KPA Pension for about SEK 570M. The deal value will be recorded in Skanska Commercial, with no further financial guidance or profitability changes provided in the excerpt.

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