ARTICLES TAGGED WITH "Skanska"

Skanska divests office building to its own investment company

Sweden Sweden — Skanska Commercial Property Development Nordic has divested the office building Hyllie Terrass in Malmö, Sweden, to Skanska Investment Properties for about SEK 730M after deduction of remaining investments and deferred tax.

Skanska issues new green bonds worth about EUR 395 million

Sweden Sweden — Skanska has issued green bonds worth approximately SEK 4.5 billion to finance sustainable commercial real estate projects and other investments for climate transition. The issue generated substantial interest, attracting bids from around 40 investors.

Skanska constructs new STEM building for the Texas State University System

Sweden Sweden — Skanska has signed a contract with Texas State University System to build a new STEM (Science, Technology, Engineering, and Math) building located on The Texas State University System’s San Marcos campus in Texas, USA. The contract is worth USD 100M.

Skanska's future plans for its own portfolio

Sweden Sweden — Skanska adds a new large office property to its own book when Sthlm 04 is acquired for SEK 830 million. Jan Odelstam, business unit manager for Commercial Development Nordic at Skanska, tells Nordic Property News about the work of building Skanska's own portfolio, how the company views future acquisitions and why the current situation on the transaction market does not affect the work with the own portfolio.

Skanska to build new student housing in Oslo

Norway Norway — Skanska has signed a contract with the Student Welfare Organization in Oslo (SiO) to build new student housing. The contract is worth NOK 513M, about SEK 520M.

Skanska Commercial Property Development divests Sthlm 04 to internal portfolio

Sweden Sweden — Skanska Commercial Property Development Nordic has divested the office building Sthlm 04 in Stockholm, Sweden, to Skanska Investment Properties for about SEK 830 million (EUR 75.6 million).

Skanska builds residential units in Helsinki

Finland Finland — Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki, Finland. The contract is worth EUR 31M, about SEK 360M, which will be included in the Nordic order bookings for the fourth quarter of 2023.

Skanska cancels order for preparatory works for emergency hospital in Växjö

Sweden Sweden — Skanska cancels order for preparatory works for emergency hospital in Växjö, Sweden, worth about SEK 1.2 billion (EUR 103 million).

Skanska signs additional contract to build hospital in Florida

Sweden Sweden — Skanska has signed an additional contract with Orlando Health to build a hospital in Lakeland, Florida, USA.

Skanska signs new lease in Malmö

Sweden Sweden — Skanska signs new lease for the office building Oas in Malmö.

Skanska divests first phase of Budapest office building for EUR 100 million

Sweden Sweden — Skanska has divested the first phase of its office complex H2Offices in Budapest, Hungary, to ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt., for approximately EUR 100M.

Skanska secures contract amendment for US facility

Sweden Sweden — Skanska has signed a contract amendment with an existing client for an arts and entertainment facility in the western USA.

Skanska to build new school outside Oslo

Norway Norway — Skanska has signed a contract with the Municipality of Øvre Eiker to build a new school in Hokksund outside Oslo. The contract is worth NOK 477M, about SEK 480M.

Skanska builds care home in Bergen

Norway Norway — Skanska has signed a contract with the Municipality of Bergen to build Midtbygda care home in Bergen, Norway. The contract is worth NOK 548M (approximately EUR 47.5 million).

Skanska envisions twelve tough months ahead

Nordic — During the last week of July, Skanska presented its second interim report for the year. Although building/construction reaches record levels, times are tough especially in housing development. Magnus Persson, CFO said that despite the increasing number of unsold homes is expected to increase and no projects being started, there are glimmers of light.

Skanska signs contract with Seagen to build facility in Washington

Nordic — Skanska has finalized a contract with Seagen to construct a 25,000 square meter biomanufacturing facility for the global biotechnology company. The contract is worth USD 215 M, about SEK 2.25 billion.

Skanska redevelops the Clayton University Center

Nordic — In July, Skanska signed a contract with Lehigh University to comprehensively redevelop the historic Clayton University Center on its campus in Bethlehem, Pennsylvania, USA. The contract is worth USD 70M, about SEK 730M, which will be included in the US order bookings for the third quarter 2023.

Skanska order in USA cancelled

Sweden Sweden — Skanska announces order cancellation in Massachusetts, USA, worth USD 112M, about SEK 1.2 billion.

Skanska builds office for Vectura in Lund

Sweden Sweden — Skanska has signed a contract with Vectura Properties to construct a building for office and research in Lund, Sweden. The contract is worth about SEK 650 million (approximately EUR 56 million).

Skanska Signs Contract to Build New Hospital

Norway Norway — Skanska has signed a contract with Akershus Universitetssykehus (Ahus) to build a psychiatric hospital in Lørenskog.

Pre-purchased Homes Can Become a Problem for Housing Developers

Nordic — The housing developers suffer greatly from the pending purchase willingness of households when it comes to new construction housing. It is difficult to raise the level of pre-purchased homes, although most people believe that there are still few unsold apartments at completion. But for those who signed up for pre-sale, the situation now looks radically different, where there are now reports that the buyers are trying to pull out of sale. Nordic Property News has taken a closer look at how big the exposure is for the companies with their homes that are under production.

Skanska Invests in Residential with Obos

Norway Norway — Skanska invests a net of NOK 318M in residential projects with Obos in Oslo and Bærum.

Skanska Takes over YIT Project in Helsinki

Finland Finland — Skanska chosen as the new developer of the high-rise project in Pasila, Helsinki.

Skanska Builds Research Center in Oslo

Norway Norway — Skanska has signed a contract with Campus Ullevål AS, the Norwegian Geotechnical Institute (NGI) and Aspelin Ramm to build Campus Ullevål in Oslo, Norway. The contract is worth NOK 1.0 billion, about SEK 1.0 billion.

Skanska Builds Office and Logistics Center in Lund

Sweden Sweden — Skanska has signed an agreement with Axis Communications AB to build Opera, a new office and logistics center at Brunnshög in Lund.