Thursday, 11 June 2026
Skanska has agreed to sell a self-developed rental housing project in Gothenburg, Sweden, to the Folksam Group through KPA Pension for approximately SEK 500 million.
The transaction will be recognised by Skanska Commercial Development in the second quarter of 2026. The buyer will take possession of the property upon completion of the project, which is scheduled for the second quarter of 2029.
The development is located in the Sankt Jörgens Park area on Hisingen, Gothenburg, and will comprise 142 rental apartments with a total leasable area of just over 10,100 sqm. The residential scheme will consist of buildings ranging from six to ten storeys in height, with underground parking facilities.
According to Skanska, the apartments are being designed with a focus on functionality and quality of living, while residents will have access to nearby services and recreational amenities.
