Skanska sells elementary school in Växjö, Sweden, for about SEK 300M
Skanska has sold an elementary school in Telestadshöjden, Växjö, to the real estate company Hemsö. The school, which is under construction, will also have a preschool and a sports hall. The sale amount is about SEK 300M and the transaction will be recorded in the Commercial Property Development stream in the fourth quarter of 2020.Rental agreements have previously been signed for the operation of the school with the International English School and with the Knowledge Preschool for the operation of the preschool.
The school will have a gross area of just over 8,000 square meters and it