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Skanska Sells Retirement Home in Alingsås in Sweden

Infra News - Published on Tue, 28 Jul 2020

Image Source: Skanska Villa Brogården
Skanska has sold the retirement home Villa Brogården in Alingsås, Sweden, for about SEK 260 million. The buyer is Northern Horizon through its real estate fund Nordiska vårdhem. The transaction will be recorded in the Commercial Property Development stream in the third quarter 2020. The transfer will take place during the first quarter 2022. With its 80 apartments, Villa Brogården will be five storeys high with a total area of just over 5,300 square meters. A lease agreement has been signed with Vardaga, which will be responsible for the operation of the retirement home.

The retirement home, which is being developed and built by Skanska Sweden, has high sustainability requirements. The ambition is that the energy consumption will be 80 per cent below the National Board of Housing, Building and Planning's guidelines. In addition to LEED certification, level Gold, which aims at environmentally friendly design, operation, production and maintenance, investments are made in solar cells on the roof and geothermal heating.Construction work has begun and will be completed during the first quarter 2022.

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Posted By : Yogender Pancholi on Tue, 28 Jul 2020
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