Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Skanska makes 500 million kronor profit in property sale

Share this article

11:59 CEST+02:00
Skanska AB said it has sold five commercial properties in Sweden for 750 million kronor - realising a profit of 536 million kronor, which will be reported in its second quarter results.

One of the properties is in Malmö and four are in Stockholm. They are a mixture of office, shop, hotel and storage premises.

All of the properties will be transferred on May 16th, said Skanska in a press release.

AFX

Get notified about breaking news on The Local

Share this article

From our sponsors

The ‘fairytale' boarding school nestled in a Swedish village

The words ‘boarding' and ‘school' often summon images of strict teachers, drab dormitories and downcast children. That image couldn't be further from reality at Sigtunaskolan Humanistiska Läroverket (SSHL), where boarders describe the ‘fairytale' school as a home away from home.

Advertisement