Skanska sells commercial property in Stockholm for SEK 104 mln (SE)

Skanska anounced that it sold a commercial property in Sundbyberg, Stockholm, Sweden, for SEK 104 mln (approx. €11.5 million). The transaction will be recorded in the first quarter of 2014. Buyer is Nordic Real Estate Partners AB (NREP), and transfer of the property is scheduled to take place late April 2014.

The property has been developed and constructed by Skanska and was completed in 2013. The total leasable area of the LEED-certified property is 3,700 m² of retail space with Coop as tenant.

“The property is a great addition to our existing Stockholm portfolio. The combination of a strong position in an area of rapid population growth, a modern LEED certified property and Coop’s new concept makes this a very attractive investment”, says Tobias Alsborger, Partner at NREP.

“The sale confirms that there is a continued demand for green commercial properties with long leases in strategic locations”, says Jonas Karlsson, Chief of transactions at Skanska Fastigheter.

Source: Skanska

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