Commercial Property Development
Commercial Property Development provides offices and properties in selected geographic markets in the Nordic region, Europe and USA. Here you will find key figures, market drivers and trends.
We develop environmentally efficient offices and properties that are flexible and support tenants’ well-being and creativity. Collaborating with the Construction business stream helps produce the best solutions for customers and the greatest value for Skanska.
Key figures (2020)
| SEK M | 2020 | 2019 |
|---|---|---|
| Revenue | 14,983 | 17,850 |
| Operating income | 3,897 | 3,287 |
| Of which gain from divestments of properties* | 4,750 | 4,275 |
| Investments | –9,777 | –12,946 |
| Divestments | 16,988 | 13,713 |
| Operating cash flow from business operations** | 5,281 | –1,063 |
| Capital employed, SEK bn | 30.9 | 34.5 |
| Return on capital employed, % | 11.9 | 10.5 |
| Number of employees | 445 | 427 |
* Additional gain included in eliminations was 359 (240)
** Before taxes, financial activities and dividends.
Market drivers and key trends
Economic growth
Economic growth increases companies’ recruitment needs, which drives activity in the leasing market.
Urbanization
Increases demand for offices and logistics centers close to cities.
Cost-efficient location
Energy-efficient, green premises in attractive areas are in demand and are contributing to relocation.
Attractive investment
Long-term tenants in high-quality properties offer attractive returns for investors.