Skanska announces sale of retirement home in VaxjA[pilcrow sign], Sweden, for SEK240m.

NORDIC BUSINESS REPORT-December 13, 2018-Skanska announces sale of retirement home in VaxjA[pilcrow sign], Sweden, for SEK240m

(C)2018 M2 COMMUNICATIONS http://www.m2.com

Skanska AB (STO:SKAB) announced on Wednesday the sale of a retirement home in Vaxjo, Sweden, for about SEK240m to Nordiska Vardhem AB (Northern Horizons Health Property Fund) and the tenant is Humana AB.

This transaction will be booked by Skanska in the Commercial Property Development stream in the fourth quarter of 2018.

Reportedly, this retirement home is in operation since June 2017. It will be handed over on 31 January 2019. The project comprises a retirement home with about 70 apartments spread over four floors. On the roof there is a terrace and a small greenhouse...

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