Skanska divests a self-developed rental multifamily project at Hisingen in Gothenburg, Sweden, to the Folksam Group through KPA Pension for about SEK 500M. The divestment will be recorded by Skanska Commercial Development in the second quarter of 2026. Occupancy will occur in connection with completion of the project in the second quarter, 2029.
The project, in Sankt Jörgens Park on Hisingen in Gothenburg, comprises a total of 142 rental apartments and a total leasable area of just over 10,100 square meters (about 108,700 square feet). The homes are designed with a focus on functional floor plans and good quality of living, and the residents will have access to services and recreation. The buildings will be 6-10 stories high with underlying garages.
The buildings are being developed with a focus on energy efficiency and reduced climate impact during both the construction phase and operation. The intention is to achieve energy class B and certification of the buildings according to Miljöbyggnad, Silver level.
Preparatory work has started with construction scheduled to begin in the fourth quarter of this year.