Skanska sells sustainable retirement home in Stockholm, Sweden for more than 30M EUR

(PRESS RELEASE) STOCKHOLM, 17-Jun-2020 — /EuropaWire/ — Multinational construction and development company, Skanska sells its sustainable retirement home in the new district of Täby Park in Stockholm, Sweden. The 80-apartment property was sold to SPP Fastigheter for more than 30M EUR (SEK 320 M). Skanska Commercial Development Nordic will record this transaction in the second quarter 2020. The transfer is planned for March 2022.

A lease agreement has been signed with Vardaga, who will be responsible for operating the retirement home, which covers approximately 5,600 square meters and will be five floors high.

The retirement home, which is being developed and built by Skanska Sweden, will meet high sustainability requirements and is going to 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 will be completed in January 2022.

Skanska is one of the leading development- and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska had sales of about SEK 70 billion and more than 15,200 employees in its Nordic operations during 2019.

Media contact:
Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94
Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is a world leader in construction and project development in select markets throughout the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society and provides innovative, sustainable solutions for both simple and complex assignments. The Group has about 35,000 employees, and 2019 revenue totalled SEK 177 billion.

SOURCE: Skanska AB