Transactions - FEBRUARY 26, 2020

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Skanska divests office building for €315m

by Released

Skanska has divested the office building Solna United in Solna, Sweden, for about SEK 3.3 billion (€315 million/$343 million) to a fund managed by DWS.

The transaction will be recorded by Skanska Commercial Development Nordic in the first quarter 2020.

The transfer of the property will take place in June 2020.

Solna United has 11 tenants and all office space has been leased. The building offers about 34,000 square meters (366,000 square feet) and is slated to be environmentally certified as LEED Platinum.

The first tenants moved in during the fall 2019.

The property is supplied with renewable energy from a photovoltaic panel park harvesting solar energy, formalized by a long-term agreement with Kalmar Energi.

The recently completed office building is located next to Solna station in Arenastaden and was developed and built by Skanska.

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