Skanska acquires two residential projects in Gothenburg from SBC

2/5/2010 8:33 AM CET
Press release

Skanska has acquired two cooperative-housing projects from SBC, Sveriges Bostadsrättscentrum AB. The acquisition entails building rights and progressive project plans for a total of about 280 cooperative apartments in prime locations in the Gothenburg area. Skanska’s total investment following the completion of the projects is estimated at about SEK 1.2 billion.