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Wed December 08 2021

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Skanska sells Cambridge land bank

2 Jul 14 Skanska has sold the second plot of its UK residential development land bank to Crest Nicholson for £35m.

Some homes that Skanska did build in Cambridge before pulling out
Some homes that Skanska did build in Cambridge before pulling out

The site is in the Trumpington area of Cambridge and is sold with planning permission for 274 homes.

The disposal follows Skanska’s decision to quit the UK house-building market last year after just two years. (See previous report here.)

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