tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Skanska Divests Sustainable Office Complex in Prague for EUR 130M

Story Highlights
Skanska Divests Sustainable Office Complex in Prague for EUR 130M

TipRanks Cyber Monday Sale

Skanska AB ( ($SE:SKA.B) ) just unveiled an update.

Skanska has announced the divestment of its office complex, Port7, in Prague, Czech Republic, for approximately EUR 130 million. The complex, located in the Holešovice district, features three office buildings with 36,000 square meters of leasable space and is fully leased to companies across various industries. The project emphasizes sustainability, with LEED Platinum and WELL Platinum certifications, and incorporates renewable energy solutions and water savings. This transaction, scheduled for completion in the first half of 2026, reflects Skanska’s commitment to sustainable development and its strategic focus on transforming urban spaces.

The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK266.00 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 a 2024 revenue of SEK 177 billion. The company operates in select markets across the Nordics, Europe, and the USA, focusing on innovative and sustainable solutions that promote healthy living.

Average Trading Volume: 714,696

Technical Sentiment Signal: Buy

Current Market Cap: SEK98.85B

Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1