Skanska has sold its Finnish head office to Union Investment for €32 million (FI)

Skanska has sold an office building located in the Ruskeasuo district of Helsinki, Finland, to the international real estate investor company Union Investment. The sales price is €32 million (approx SEK274 million), which will be included in the results for the third quarter 2013. The new owner will take possession of the property during the third quarter 2013.

The office building comprises approximately 9,000 m² and it is entirely leased to Skanska, and houses Skanska's Finnish head office among other operations. The building received the highest, platinum-level LEED certification in January 2013.

The building is the first, of a total of four, that has been constructed by Skanska in this area, and the deal shows that there is a great demand for modern and efficient properties.

Skanska Commercial Development Nordic initiates and develops property projects in offices, logistics, business premises and commercial buildings. The company’s operations are concentrated in the three metropolitan regions in Sweden, the Copenhagen region in Denmark, the Oslo region in Norway, as well as Helsinki in Finland. The development of logistics and volume retail properties is conducted in strategic locations in Sweden, Denmark and Finland

 Leimdörfer has served as sole financial adviser to the seller Skanska in the transaction.

Source: Skanska

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