{"url":"https://newsforagent.com/news/2026-10-23/skanska-divests-tingsparken-folksam","markdown_url":"https://newsforagent.com/news/2026-10-23/skanska-divests-tingsparken-folksam.md","title":"Skanska sells Gothenburg rental project for SEK 380M","headline":"Skanska divests TingsParken rental project in Gothenburg to Folksam for about SEK 380M","description":"Skanska sells its 128-apartment TingsParken development in Gothenburg to Folksam Group via KPA Pension for about SEK 380M, closing on completion in 2029.","section":"Divestitures","published_at":"2026-10-23T05:30:57+00:00","modified_at":"2026-10-23T05:30:57+00:00","author":"News Desk","key_takeaways":["Skanska divests the TingsParken rental multifamily project in Gothenburg to the Folksam Group, through KPA Pension, for about SEK 380M.","TingsParken comprises 128 rental apartments with just over 7,700 square meters of leasable area, including about 190 square meters of commercial space.","The transaction will be recorded by Skanska Commercial Property Development in the fourth quarter of 2026, with closing on completion scheduled for the first quarter of 2029."],"companies":[{"name":"Skanska","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0002upy/skanska","website":"http://skanska.com"},{"name":"KPA Pension","is_primary":false,"profile_url":"https://akta.pro/company-profiles/002fxn4/kpa-pension","website":"https://www.kpa.se"},{"name":"Folksam","is_primary":false,"profile_url":"https://akta.pro/company-profiles/000888n/folksam","website":"https://www.folksam.se"}],"source":{"publisher":"news.cision.com","title":"Skanska divests rental multifamily project in Gothenburg, Sweden for about SEK 380M","url":"https://news.cision.com/skanska/r/skanska-divests-rental-multifamily-project-in-gothenburg--sweden-for-about-sek-380m,c4414192"},"other_sources":[],"tags":["Divestitures","Skanska","KPA Pension","Folksam"],"body_markdown":"[Skanska](https://akta.pro/company-profiles/0002upy/skanska) has divested the self-developed rental multifamily project TingsParken in the GoCo area of Mölndal, Gothenburg, to the Folksam Group through KPA Pension for about SEK 380M. The sale was announced by [news.cision.com](https://news.cision.com/skanska/r/skanska-divests-rental-multifamily-project-in-gothenburg--sweden-for-about-sek-380m,c4414192).\n\nSkanska is a Stockholm-based construction and project development group that builds and develops buildings, transportation infrastructure and real estate across the Nordics, the UK and the U.S. [KPA Pension](https://akta.pro/company-profiles/002fxn4/kpa-pension) is part of the [Folksam](https://akta.pro/company-profiles/000888n/folksam) Group.\n\n## What Skanska Is Selling In TingsParken\n\nTingsParken comprises 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. The project is designed to achieve an energy rating of B and certification according to the Miljöbyggnad Silver standard.\n\nSkanska Commercial Property Development will record the transaction in the fourth quarter of 2026. Closing will take place upon completion of the project, which is scheduled for the first quarter of 2029.\n\nTingsParken in GoCo adds 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.\n\nOlof Rundgren, Media Relations Manager at Skanska, is named as the contact for further information.\n\n## Skanska's Nordic And U.S. Project Pipeline\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Skanska reported SEK 179 billion in 2025 revenue and SEK 7.2 billion in 2025 operating income. U.S. operations contributed SEK 8.7 billion of that revenue.\n\nIn June 2026, Skanska won a combined share of about USD 1.0 billion across Hudson Tunnel Project packages and Second Avenue Subway Phase II. In May 2026, it was appointed master developer, through the Penn Transformation Partners joint venture with Halmar, for Amtrak's $7-8 billion Penn Station Transformation Project, with a USD 125 million pre-development phase on a 55/45 split.\n\n## Skanska's October Contract Run\n\nOn October 21, 2026, Skanska signed a contract with the New York City Department of Design and Construction to build a waterfront connection valued at USD 163M, about SEK 1.5 billion, news.cision.com reported. On October 16, 2026, Skanska signed a contract with Eigersund Municipality to design and build the Langevann healthcare center in Norway, valued at about NOK 320M, or SEK 310M, the same outlet reported.\n\nOn October 20, 2026, Bitzero announced a project development agreement with Skanska for its Norway data center, [Stock Titan](https://akta.pro/news-signals) reported.\n\n## When The Gothenburg Sale Closes\n\nSkanska said closing will take place upon completion of TingsParken, scheduled for the first quarter of 2029. The transaction will be recorded by Skanska Commercial Property Development in the fourth quarter of 2026.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}