Press release

Skanska divests rental multifamily project in Gothenburg, Sweden, for about SEK 500M

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.

Image SE Saint Jorgens Park

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.

For further information please contact:

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

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

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

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Are you a journalist looking for information about Skanska or have questions about our operations? Our Media Relations team can help with press inquiries, interviews, background information and access to relevant resources.

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

Skanska divests rental multifamily project in Gothenburg, Sweden, for about SEK 500M