Skanska has sold the office building Sthlm Seaside in Stockholm, Sweden, to Vasakronan for about MSEK 900 (EUR 93M). Sthlm Seaside is part of the first phase of Skanska's investment in Sthlm New Creative Business Spaces in the area Hammarby Sjöstad, Stockholm, and is located along Hammarby Canal. Sthlm Seaside comprises of 12,500 square meters, and companies like Softronic, the Internet Foundation in Sweden, Arrowhead Game Studios, Silentium and Yggdrasil Gaming are among the tenants.
Skanska has also sold their Stockholm office building Sthlm 03 to Aberdeen for MSEK 440 (EUR 46M). Sthlm 03 is part of the first stage of Sthlm’s New Creative Business Spaces, Skanska’s investment initiative in the area Hammarby Sjöstad in Stockholm. The building, comprising about 6,500 square meters, is fully leased, with tenants like Boehringer Ingelheim, Lantmäteriet, Polystar, Erik Olsson Fastighetsförmedling and Wayne’s Coffee.
Further west the company has sold their 50 percent of the 31,300 sqm Oslo office building Sundtkvartalet to the other joint venture owner Entra for MNOK 795M (EUR 84M). It is Skanska Commercial Development Nordics first project in Oslo and was completed in December 2016. Among the tenants are Skanska Norway, Know IT, Manpower, IBM and Tidal.
Skanska Divests for EUR 225M
Nordic — Skanska divests two properties in Stockholm and one in Oslo to Vasakronan, Aberdeen and Entra for a total of EUR 225M.