Wednesday, 1 April 2026
Skanska has agreed to divest the Villa Fågelsång elderly care home project in Sollentuna, Sweden, to Folksamgruppen through KPA Pension for approximately SEK 340 million. The transaction will be recorded in the company’s Commercial Property Development segment in the first quarter of 2026.
The scheme comprises a special housing facility for elderly residents (SÄBO) with 80 apartments, alongside a group home developed under LSS regulations, providing six assisted living units. The property will offer around 6,300 sqm of space across six floors.
Currently under development by Skanska Sweden, the project is intended to address growing demand for senior and assisted living accommodation in the area. Upon completion, the facility will be operated by Vardaga Äldreomsorg AB and Nytida AB.
Villa Fågelsång is being delivered with a focus on sustainability. The building is targeting LEED Gold certification and is expected to achieve a carbon footprint approximately 35 percent below the Swedish reference benchmark during construction. It is also designed to meet Energy Class B standards, supported by energy-efficient systems, district heating, and photovoltaic panels.
Construction is scheduled to begin in June 2026, with completion planned for the first quarter of 2028, when ownership will transfer to KPA Pension.
