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Skanska to Redevelop Warsaw Industrial Site into PLN 163M Residential Complex

Story Highlights
  • Skanska bought a 3-hectare site in Warsaw’s Mokotów district for PLN 163M to build a large residential complex.
  • The project will deliver about 750 apartments, over 1,000 sqm of retail and new green areas, strengthening Skanska’s role in urban regeneration.
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Skanska to Redevelop Warsaw Industrial Site into PLN 163M Residential Complex

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An announcement from Skanska AB ( ($SE:SKA.B) ) is now available.

Skanska has acquired a 3-hectare property on Bokserska Street in Warsaw’s Mokotów district from special purpose company Bokserska 64 for PLN 163 million, about SEK 410 million. The site, currently industrial warehouses and offices, will be transformed into a residential complex of multi-family buildings with integrated retail and service units.

The project envisions around 750 residential units and more than 1,000 square meters of ground-floor commercial space, alongside new green areas including a 650-square-meter public park. By redeveloping a prime site in one of Warsaw’s most attractive residential districts, Skanska is expanding its Polish residential portfolio and reinforcing its position in urban regeneration and mixed-use development in Central Europe.

The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK309.00 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, with 2025 revenue of SEK 179 billion and operations across selected markets in the Nordics, Europe and the U.S. The group focuses on creating innovative, sustainable solutions in construction and residential development, supported by a workforce of about 25,900 employees.

Average Trading Volume: 802,178

Technical Sentiment Signal: Buy

Current Market Cap: SEK109.5B

For detailed information about SKA.B stock, go to TipRanks’ Stock Analysis page.

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