Skanska divests multifamily housing portfolio in Skåne, Sweden, to KPA Pension for about SEK 1.5 billion
Skanska has sold a portfolio of five multifamily projects in Skåne, Sweden, for a total of approximately SEK 1.5 billion. The investor is KPA Pension. The transaction will be recognized by Skanska Sweden in the business stream residential development in the third quarter of 2020.The transaction relates to projects in Malmö, Lund, Helsingborg and Ängelholm that are being developed and constructed by Skanska Sweden. The portfolio includes a range of products, from townhouse-style condominiums to buildings eight stories tall totaling approximately 600 apartments. All projects are being