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The latest announcement is out from Skanska AB ( ($SE:SKA.B) ).
Skanska has announced the divestment of an elderly care home under construction in Falun, Sweden, to Northern Horizon for approximately SEK 330 million. The facility, designed with a focus on dementia care, will feature 80 residential units and various amenities, emphasizing sustainability with a LEED Gold certification and a significantly reduced carbon footprint. This strategic move aligns with Skanska’s commitment to sustainable development and enhances its position in the commercial property sector, while the transfer of ownership is expected in autumn 2027.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.
More about Skanska AB
Skanska Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. Operating across select markets in the Nordics, Europe, and the USA, Skanska focuses on creating innovative and sustainable solutions that support healthy living. The company leverages its extensive knowledge and expertise of approximately 26,300 employees to shape the way people live, work, and connect.
Average Trading Volume: 657,682
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK100.2B
See more insights into SKA.B stock on TipRanks’ Stock Analysis page.