Skanska launches the new business stream Investment Properties and revised financial targets for the Group
Skanska has performed a strategic bottom-up process and introduces a new business stream, Investment Properties, and revised financial targets. The revisions consist of a target for the new stream and a new limit for the Group adjusted net debt.“To further capture the value created and stable cash flow generated by the properties developed in Commercial Property Development, we will launch the new stream Investment Properties. The ambition is to establish a long-term portfolio of high-quality assets in Stockholm, Gothenburg and Malmö,” says CEO and President Anders Danielsson. “These assets