Skanska acquires land on Kungsholmen in Stockholm, Sweden, for about SEK 520M
Skanska has acquired land on Kungsholmen, Sweden, from the City of Stockholm for about SEK 520M. As the property now is transferred, Skanska accesses the first phase of the "Lindhagenskvarteren" development area.Skanska plans to develop a new office building on the property. The building right covers approximately 28,000 square meters. The acquisition refers to the first phase of a larger area of land that Skanska has agreed to acquire from the City of Stockholm. The western parts of Kungsholmen have developed strongly over the past twenty years and is now one of Stockholm's most