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Skanska announces sale of retirement home in Stockholm for SEK320m.

NORDIC BUSINESS REPORT-June 18, 2020-Skanska announces sale of retirement home in Stockholm for SEK320m

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Swedish construction and project development group Skanska AB (STO:SKAB) announced on Wednesday the sale of a sustainable retirement home with 80 apartments in the new district of Taby Park in Stockholm, Sweden, for about SEK320m to SPP Fastigheter.

This transaction will be recorded by the company in Skanska Commercial Development Nordic in the second quarter 2020. The transfer of property is planned for March 2022.

Also, a lease agreement has been signed with Vardaga, which will be responsible for operating the retirement home. The five-floor building will cover approximately 5,600 square metres.

According to Skanska, the retirement home, which is being developed and built by Skanska Sweden, will meet high sustainability requirements and will be LEED certified. It will have very low energy consumption and will, among other things, be equipped with solar cells on the roof. The building will be erected exclusively with sustainable building materials and no building waste will go to landfill.

The building is under construction and is scheduled for completion in January 2022.

(EUR1.00=SEK10.51)

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Publication:Nordic Business Report
Geographic Code:4EUSW
Date:Jun 18, 2020
Words:207
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