Skanska Signs Additional Contract for Manufacturing Facility in Western USA

Sweden Sweden — Skanska has signed an additional contract with an existing client to provide new construction work and project management services at a manufacturing facility in Western USA.

Skanska Builds New Commercial Office Building in London for SEK 3 Billion

Sweden Sweden — Skanska has signed a contract with Great Elm Assets Limited, in association with Old Park Lane Management Limited and their Development Partner CO—RE, to construct the commercial office building 20 Ropemaker Street in Central London, UK. The contract is worth GBP 240 M, about SEK 3.0 billion.

Skanska Invests NOK 470 M in the Sixth Phase of Residential Project

Norway Norway — Skanska invests NOK 470 M, about SEK 500 M, in the sixth phase of the residential project Ensjø Torg in Oslo, Norway. The construction contract is worth NOK 372 M, about SEK 400 M.

Skanska Builds Student Housing in Svalbard for NOK 310 Million

Norway Norway — Skanska has signed a contract with The Arctic Student Welfare Organization to build new student housing in Svalbard, Norway. The contract is worth NOK 310 M, about SEK 320 M.

Skanska Invests SEK 2.1 Billion in a Multi Family Development Project in USA

Sweden Sweden — Skanska is investing USD 221 M, about SEK 2.1 billion in The Heming, a new multi-family development in Tysons, Virginia, USA. The construction contract is worth about USD 150 M, about SEK 1.4 billion.

Skanska Divests Majority Interest in Bank of America Tower

Sweden Sweden — Skanska divests a 90 percent interest in the Bank of America Tower office property in Houston, Texas, for USD 373M, about EUR 337M, to an affiliate of Beacon Capital Partners.

Skanska Sells Gothenburg Care Home

Sweden Sweden — Skanska sells a care home in Gothenburg to Altura for MSEK 290.

Skanska Invests in Hillerød Residential Project

Denmark Denmark — Skanska invests MDKK 160 M (EUR 21M) in the residential project Kejserhaven in Hillerød, Denmark. The project consists of 106 apartments, divided into five buildings with a total area of 8,900 square meters.

Skanska Invests MSEK 420 in a New Office Project in Malmö

Sweden Sweden — Skanska invests about MSEK 420 in a new office project at Universitetsholmen in Malmö. The Aqua office building comprises nine floors and will have a leasable area of about 10,000 square meters.

Skanska Invests DKK 585M in Copenhagen Project

Denmark Denmark — Skanska invests DKK 585 million, about SEK 830 million, in the second phase of the mixed-use project Ørestad City in Copenhagen.

Vasakronan Acquires Office Project in Malmö from Skanska

Sweden Sweden — Skanska has sold the office building Aura in Malmö, Sweden, for SEK 430 million. The buyer is Vasakronan. The divestment will be recorded by Skanska Commercial Development Nordic in the fourth quarter 2019.

Skanska Signs Lease at CPH Highline in Copenhagen

Denmark Denmark — Skanska has signed an 8-year lease with GlobalConnect A/S for 9,250 square meters and 115 parking spaces at the office complex CPH Highline in Copenhagen.

Skanska Signs Leases for 10,600 sqm in Boston

Sweden Sweden — Skanska has signed an 11-year lease with Interpublic Group subsidiaries MullenLowe and Mediahub for about 10,600 square meters at Two Drydock in Boston.

Skanska Constructs Shopping Center in Espoo for Citycon

Finland Finland — Skanska has signed a contract with Citycon Oyj, a leading owner, manager and developer of urban shopping centres in the Nordic and Baltic region, to construct the Lippulaiva shopping center in Espoo, Finland. The contract is worth about EUR 170 M, about SEK 1.8 billion.

The Keys to Successful Shopping Centers

Finland Finland — The new Lippulaiva shopping center will open in Espoo in 2022. Citycon’s Chief Development Officer Erik Lennhammar tells Nordic Property News on the characteristics of the mall and how Citycon cooperate with the tenants to step up their business.

Skanska Subsidiary Acquitted in the Matter Involving Former Real Estate manager of HOK-Elanto

Finland Finland — The Helsinki District Court in Finland dismissed the charges against one of Skanska’s subsidiaries, Skanska Talonrakennus Oy, and the demand for a corporate fine. The case involves a former real estate manager of the Finnish company HOK-Elanto and is about assessing certain sports sponsorship payments that Skanska Talonrakennus Oy has made before 2013. The decision can be appealed.

First Lease Signed for the Tallest Office Building in the Nordics

Sweden Sweden — Skanska has signed a seven-year lease with Visma in the office building Citygate in Gothenburg. This is the first lease signed for the tallest office building in the Nordic region.

Skanska Builds New Specialist Hospital in Gothenburg

Sweden Sweden — Skanska has signed an agreement with the Region Västra Götaland, Västfastigheter, to build the new Högsbo specialist hospital in Gothenburg.

Skanska Signs Agreement with Obos – Builds Apartments in Oslo

Norway Norway — Skanska has signed an agreement with Obos to build 168 apartments in Oslo, Norway. The contract is worth NOK 344 million which will be included in the Nordic order bookings for the third quarter 2019.

Skanska Converts an Office Building into Apartments in Helsinki

Finland Finland — Skanska has signed a contract with Auratum Asunnot Helsinki, a developer of high-class apartments, to convert an old office building in Helsinki into 146 homes. The contract is worth approximately EUR 50M.

Skanska: “There Are High Vacancy Rates in the Office Segment”

Finland Finland — Liisa Salmela, Communications Manager at Skanska Finland, tells Nordic Property News about the conversion from offices to apartments in Helsinki, how complex conversions are and whether it is a trend or not.

Skanska Sells Three Office Buildings in Poland for EUR 214M

Sweden Sweden — Skanska has sold a portfolio of three office buildings located in Wroclaw and Krakow in Poland to real estate funds managed by Credit Suisse Asset Management Global Real Estate for EUR 214M.

Skanska Establishes Central Europe Business Unit

Sweden Sweden — Skanska merges its Polish and Czech/Slovak construction operations into one business unit, named Skanska Central Europe. Michal Jurka, the Business Unit President (BUP) of Czech and Slovak construction operations, becomes BUP of the unit effective as of September 1, 2019.

Skanska Builds for Elo in Vantaa

Finland Finland — Elo and Skanska have agreed to build 95 rental apartments in the Kilterinmäki area of ​​Vantaa, a short distance from Myyrmann shopping center.

Skanska on the Nordic Markets

Nordic — Here are Skanska´s outlooks for the markets of residential and commercial property development the coming twelve months.