Skanska, the Swedish construction giant, has sold its 32% stake in LaGuardia Airport Terminal B in New York for US$115 million. The company was part of a public-private partnership that designed and built the new terminal building, which opened in…
HELSINKI, FINLAND: Skanska has signed a binding Stock Purchase Agreement (SPA) for its 100 percent ownership of PCI Skanska Inc. (PCIS), a multi-discipline design subsidiary company, for gross sale proceeds of USD 20 million, about SEK 170M. The buyer is…
HELSINKI, FINLAND: Skanska AB has divested a residential project consisting of rental apartments, senior apartments and a home for people with special needs in Malmö, Sweden, a news release said. The buyer is Bantorget Hyresbostäder AB. The selling price is…
STOCKHOLM: Skanska and the Development Office, City of Stockholm, have agreed on a new target cost for remaining and additional work on the reconstruction of Slussen, Stockholm, Sweden. The new target cost generates an order booking of about SEK 1.5…
HELSINKI: Skanska AB has signed a contract with Radford University to build the Center for Adaptive Innovation and Creativity (CAIC) in Radford, Virginia, USA. The total contract value is USD 81M, about SEK 680M, which will be included in the…
HELSINGBORG: Skanska has signed a 20-year lease agreement with Greenfood for a 44,000 square meter new food and logistics center in Långeberga, Helsingborg, Sweden, a news release said. Greenfood is one of northern Europe’s leading actors in healthy food. Construction…
ATLANTA: Skanska has signed a contract with Georgia World Congress Center Authority to build the first new construction Signia by Hilton hotel in Atlanta, Georgia, USA. The total contract value is USD 308 million for the Skanska-led joint venture along…
HELSINK: Skanska has signed a contract with Highways England to improve the A428 road in the East of England region, UK, a news release said. The contract is worth GBP 507 million, about SEK 5.8 billion, which will be included…
STOCKHOLM: Skanska, a world leader in construction and project development throughout the Nordic region, has divested 220 rental apartments in Stockholm, Sweden, to NREP for about SEK 720 million, a news release said. The multi-family project, which is under construction,…
STOCKHOLM: Skanska has sold the logistics property Sörred Kubiklager at Hisingen in Gothenburg, Sweden for about SEK 265 million, a news release said. The sale will be registered by Skanska Commercial Development Nordic in the first quarter of 2021. The…
HELSINKI: Skanska has signed a 15-year lease with the international law firm Norton Rose Fulbright for its planned 28 floor office development in downtown Houston, Texas, USA. The law firm will rent 32 percent of the total space. The project…
COPENHAGEN: Skanska has signed a contract with Penn District Station Developer LLC to renovate Pennsylvania Station’s Long Island Rail Road (LIRR) concourse in New York, New York, USA. The contract is worth USD 392M, about SEK 3.2 billion, and will…