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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Skanska    SKA B   SE0000113250

SKANSKA (SKA B)
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Skanska : sells office building in Malmö, Sweden, for about SEK 1 billion

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03/13/2018 | 07:01am CEST

Skanska has sold the office building STUDIO in Malmö, Sweden, for about SEK 1 billion. The buyer is Kungsleden. The transaction will be recorded by Skanska Commercial Development Nordic in the first quarter 2018. The transfer of the property is scheduled for May 2018.

STUDIO comprises about 18,250 square meters and is located in the area Universitetsholmen, five minutes from the Central Station in Malmö. In addition to offices, the building comprises Story Hotel as well as retail and restaurants. Among the tenants are EY, Altitude Meetings, United Spaces, BIMobject and a Black Box for concerts and other types of events.

The office building is certified LEED Platinum (Leadership in Energy & Enviromental Design).

Skanska is one of the leading development and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska offers services in public-private partnerships. Skanska had sales of about SEK 65 billion and more than 15,000 employees in its Nordic operations during 2017. 

For further information please contact:

Camilla Wieslander, Managing Director, Skanska Öresund, tel 010 448 32 89

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media: tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com (https://group.skanska.com/)

Skanska is one of the world's leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.

http://news.cision.com/skanska/r/skanska-sells-office-building-in-malmo--sweden--for-about-sek-1-billion,c2470639

http://mb.cision.com/Main/95/2470639/804533.pdf

http://news.cision.com/skanska/i/180313-se-studio---1,c2363173

http://news.cision.com/skanska/i/180313-se-studio---2,c2363174

(c) 2018 Cision. All rights reserved., source Press Releases - English

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Financials (SEK)
Sales 2018 165 B
EBIT 2018 4 989 M
Net income 2018 4 370 M
Finance 2018 568 M
Yield 2018 4,64%
P/E ratio 2018 17,06
P/E ratio 2019 14,20
EV / Sales 2018 0,43x
EV / Sales 2019 0,44x
Capitalization 71 430 M
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Number of Analysts 8
Average target price 178  SEK
Spread / Average Target -0,42%
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Anders Danielsson President & Chief Executive Officer
Hans Torsten Gunnar Biörck Chairman
Magnus Persson Chief Financial Officer
Jaroslaw Urbanczyk Senior Vice President-Information Technology
Lena Charlotte Strömberg Independent Director
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