Skanska divests elderly care home in Sollentuna, Sweden, for about SEK 280M

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Skanska has divested an elderly care home in Sollentuna outside Stockholm, Sweden, for about SEK 280M. The buyer is Altura and lease agreements have previously been signed with Nytida and Vardaga. The transaction will be recorded in the Commercial Property Development stream in the second quarter 2021. The transfer will take place in connection with completion during the third quarter 2022.

When completed, Villa Tureberg will be a five-story elderly care home, consisting of approximately 4,500 square meters of accommodation for elderly and 500 square meters of group housing with special services for adults. It is being built with focus on safety, sustainability, and long-term development. The project is developed by Skanska Sweden.

With high sustainability requirements regarding climate, energy performance and choice of materials, as well as waste and water management, the building will have a very low environmental impact. It will be equipped with solar panels on the roof and is being built with materials with a low climate impact, such as wood and recycled bricks in the facade. The building will be certified according to LEED Gold.

The building is under construction and will be completed in the third quarter of 2022.

Villa Tureberg is the first building project to be started at the old exhibition area in Sollentuna, outside Stockholm. When the entire area is developed, it will consist of approximately 700 new homes and commercial premises.

Skanska is one of the leading construction and project development companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska had sales of about SEK 66 billion and about 14,800 employees in its Nordic operations during 2020.

For further information please contact:

Olle Rundgren, Media Relations Manager, Skanska AB,tel+46 (0)10 448 67 94

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

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Skanska is a world leader in construction and project development in select markets throughout the Nordic region, Europe and USA. Driven by the Group’s values, Skanska contributes to a better society by providing innovative and sustainable solutions. The Group has about 32,500 employees, and 2020 revenue totalled SEK 159 billion.