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Skanska (OM:SKA B) just secured a US$84 million contract to build a large data center in Georgia, a project that expands its US construction pipeline and adds to third quarter 2026 order bookings. The recent Georgia data center win lines up with a cluster of sizeable infrastructure and office projects in Norway and Poland, and the market has been rewarding that growing pipeline. Skanska’s share price return is up 8.4% over 90 days, while its 1-year total shareholder return of 23.8% and 3-year...
Skanska has divested the second phase of the office complex H2Offices in Budapest, Hungary, for EUR 98M, about SEK 1.1 billion. The buyer is ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt. The transaction will be recorded by Skanska Commercial Development Europe in the third quarter of 2026. The transfer of the property is scheduled for the fourth quarter of 2027.
Skanska has signed a contract with an existing client to begin work on a data center in Georgia, USA. The contract is worth USD 84M, about SEK 780M, which will be included in the US order bookings for the third quarter of 2026.
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