Skanska divests a self-developed rental multifamily project named TingsParken, located in the GoCo area of Mölndal, Gothenburg, Sweden to the Folksam Group - through KPA Pension - for about SEK 380M. The transaction will be recorded by Skanska Commercial Property Development in the fourth quarter of 2026. Closing will take place upon completion of the project, which is scheduled for the first quarter of 2029.
The project comprises a total of 128 rental apartments with a combined leasable area of just over 7,700 square meters, including a small commercial space of about 190 square meters. The development consists of three buildings ranging from six to nine stories in height, with efficient floor plans and attractive residential qualities. The project is designed to achieve an energy rating of B and certification according to the "Miljöbyggnad" (Environmental Building) Silver standard.
TingsParken in GoCo represents a further addition to the long-standing partnership between Skanska Hyresbostäder and KPA Pension, part of the Folksam Group.
Including this transaction, the collaboration now spans 15 rental multifamily projects totaling approximately 1,700 apartments.