Skanska divests multi-family project in Stockholm, Sweden, for about SEK 720 M
Skanska has divested 220 rental apartments in Stockholm, Sweden, to NREP for about SEK 720M. The multi-family project, which is under construction, includes a garage and commercial premises on the ground floor. The transaction will be recorded by Skanska Sweden in the Residential Development stream in the first quarter 2021. The transfer of the property will take place in connection with completion in December 2023.The block, which will comprise 13,600 square meters of housing and premises, has been developed by Skanska Hyresbostäder and is a part of Barkarbystaden, where Skanska in