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.


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.

Commercial property services

Our Commercial property services create healthy, environmentally responsible and customer-focused offices and properties.

Discover our services in Commercial property