Skanska divests 73 BoKlok homes in Littlehampton, UK, for about GBP 23M, about SEK 300M

Skanska has divested 73 BoKlok homes in Littlehampton, UK, for about GBP 23M, about SEK 300M. The buyer is a global asset manager. The transaction will be recorded in Residential Development Europe during the fourth quarter of 2024. The transfer takes place in three tranches: in December 2024, in the first quarter 2025 and in the second quarter 2025.

The divestment of townhouses in Littlehampton on the south coast of England means that the project consisting of a total of 112 homes in two phases is now sold out. The handover began in 2024 and will proceed gradually during the first half of 2025 as construction completes.

For further information please contact:

Christoffer Hallersbo, Regional Director, BoKlok UK, tel +44 7826 665 161

Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.