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4-Traders Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Skanska    SKA B   SE0000113250

SKANSKA (SKA B)
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Skanska : divests remaining interest in 400 Fairview in Seattle, USA, for about USD 34 M, about SEK 304 M

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07/11/2018 | 10:01am CEST

Skanska divested its remaining 10 percent in the 400 Fairview project for USD 34 million, about SEK 304 million. The building is sold to 400 Fairview LLC, an affiliate of Pembroke, an international real estate advisor. The divestment will be recorded by Skanska Commercial Development USA in the third quarter of 2018.

This divestment follows Skanska's sale of its majority interest in 2015 to TH Real Estate. 400 Fairview is 100 percent leased, including the headquarters of Tommy Bahama. 400 Fairview is Skanska's second office development in Seattle, a 13-story LEED Gold tower with about 30,000 square meter of office space and about 1,700 square meter of ground-floor retail.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.             

För ytterligare information kontakta:

Edvard Lind, presschef, Skanska AB, tel +46 (0)10 448 88 08

Nick Derasmo, Director Communications, Skanska USA, tel +1 (0) 917 438 4568

Direktnummer för media, tel 010 448 88 99

Detta samt tidigare pressmeddelanden finns också på www.skanska.com.

Skanska är ett av världens ledande bygg- och projektutvecklingsföretag, fokuserat på utvalda hemmamarknader i Norden, Europa och USA. Med stöd av globala trender i urbanisering och demografi samt genom att gå i spetsen för hållbarhet, erbjuder Skanska konkurrenskraftiga lösningar i enkla såväl som de mest komplexa uppdragen, vilket hjälper både kunder och samhället att skapa en hållbar framtid. Koncernen har cirka 40 000 medarbetare. Koncernens omsättning år 2017 uppgick till 161 miljarder kronor.

http://news.cision.com/skanska/r/skanska-divests-remaining-interest-in-400-fairview-in-seattle--usa--for-about-usd-34-m--about-sek-30,c2573182

http://mb.cision.com/Main/95/2573182/876720.pdf

http://news.cision.com/skanska/i/400fairview-,c2451372

(c) 2018 Cision. All rights reserved., source Press Releases - English

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Financials (SEK)
Sales 2018 162 B
EBIT 2018 5 531 M
Net income 2018 4 524 M
Finance 2018 2 512 M
Yield 2018 5,28%
P/E ratio 2018 14,34
P/E ratio 2019 12,71
EV / Sales 2018 0,39x
EV / Sales 2019 0,38x
Capitalization 66 285 M
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 183  SEK
Spread / Average Target 16%
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Managers
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Anders Danielsson President & Chief Executive Officer
Hans Torsten Gunnar Biörck Chairman
Magnus Persson Chief Financial Officer
Jaroslaw Urbanczyk Senior Vice President-Information Technology
Lena Charlotte Strömberg Independent Director
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