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| Skanska sells office project in Malmö Skanska is selling an ongoing office project at Universitetsholmen in Malmö, Sweden. The buyer is Vital Forsikring ASA, Norway's largest life insurance company. The transaction involves the new Court of Appeals building in the Flundran 2 block at Universitetsholmen. The 10,000-square-meter building is currently under construction. The project was started at year-end 2006 and will be completed in the third quarter of 2008. Skanska's investment amounts to approximately SEK 255 M. The Swedish National Courts Administration has signed a 20-year lease for the entire property. The new Court of Appeals building near the Malmöhus Castle was designed by Kim Holst Jensen at the Danish Architect firm SHL. Skanska Sweden is carrying out the construction. write your comments about the article :: © 2007 Construction News :: home page |