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Skanska AB ( ($SE:SKA.B) ) just unveiled an announcement.
Skanska has agreed to divest the elderly care home project Villa Fågelsång in Sollentuna, Sweden, to Folksamgruppen via KPA Pension for about SEK 340 million. The development, which will be recognized in Skanska’s Commercial Property Development stream in the first quarter of 2026, underscores the group’s strategy of developing social infrastructure assets and then transferring them to long-term institutional owners.
The project comprises an 80-apartment senior care residence and a six-apartment LSS group home over roughly 6,300 square meters on six floors, to be operated by Vardaga Äldreomsorg and Nytida. Designed with strong sustainability credentials including a targeted LEED Gold certification, roughly 35 percent lower construction carbon footprint, Energy Class B performance, district heating and solar panels, construction is set to begin in June 2026 with completion and ownership transfer expected in early 2028, bolstering sustainable care capacity in the region.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK275.00 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 is one of the world’s largest construction and project development companies, generating SEK 179 billion in revenue in 2025. The group operates in selected markets across the Nordics, Europe and the U.S., focusing on innovative, sustainable building solutions that support long-term, healthy living environments for communities and stakeholders.
Average Trading Volume: 833,702
Technical Sentiment Signal: Buy
Current Market Cap: SEK101.6B
Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.