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Skanska AB ( ($SE:SKA.B) ) has provided an announcement.
Skanska has secured a 10-year lease agreement with a global company for the entire second phase of its H2Offices project in Budapest, Hungary, ensuring full occupancy of the building. This development, located in the Váci Office Corridor, emphasizes sustainability and tenant well-being, aiming for multiple certifications including LEED Platinum and WELL Platinum. The project, which began construction in late 2024 and is set to complete in early 2027, highlights Skanska’s commitment to sustainable urban infrastructure and innovative solutions, enhancing its industry positioning and offering significant benefits to stakeholders.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK215.00 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. The company operates in select markets across the Nordics, Europe, and the USA, focusing on creating innovative and sustainable solutions that support healthy living. Skanska leverages its expertise and foresight to shape the way people live, work, and connect, employing approximately 26,300 people.
Average Trading Volume: 716,840
Current Market Cap: SEK92.06B
For an in-depth examination of SKA.B stock, go to TipRanks’ Overview page.