Residential Development

Residential Development provides homes in selected geographic markets in the Nordic region and Europe. Here you will find key figures, market drivers and trends.

To help make people’s lives better and easier, Skanska develops homes that are well-designed, responsibly produced, reasonably priced and in good locations. Residential Development together with the Construction business stream delivers these homes in optimal ways.

Key figures (2019)

SEK M 2019 2018
Revenue 12,483 10,739
Operating income 1,195 1,505
Operating margin, % 9.6 14.0
Investments –9,437 –10,542
Divestments 11,793 12,146
Operating cash flow from business activities* 2,702 1,154
Capital employed, SEK bn 13.0 13.6
Return on capital employed, %** 9.8 11.4
Number of employees 551 542

* Before taxes, financing operations and dividends.
** A definition is provided in Note 43 in the Skanska Annual and Sustainability Report 2019.


share of Group, %


Operating income

share of Group, %


Homes started and sold


Homes under construction and unsold completed


Residential Development, Revenue201920182017201620150481216(SEK M)
Residential Development, Revenue 2019 2018 2017 2016 2015
12,483 10,739 13,237 13,264 12,298
Residential Development, Operation Income201920182017201620150,00,51,01,52,0(SEK M)
Residential Development, Operation Income 2019 2018 2017 2016 2015
1,195 1,505 1,716 1,605 1,174

Revenue & pre-sold ratio per market

Home market Percentage of revenue in Residential Development Pre-sold ratio
Nordic 87% 69%
Europe 13% 72%

Market drivers and key trends

Household confidence indicator

Potential customers' views on future pay raises, housing costs and borrowing opportunities affect decisions on whether to buy.


More and more people are moving to cities, leading to increased demand for homes.

Shortage of housing

Housing production has lagged behind population growth, resulting in an undersupply – more homes need to be built. This means greater demand for the business stream’s expertise and products.

Homes offer

Skanska designs and builds attractive homes that make people's everyday lives better and easier.

Discover our homes offers