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| Skanska sells two properties in Warsaw Skanska has sold two properties in the city center of Warsaw - Atrium Plaza and Atrium Centrum. The price is SEK 805 M and the gain on the sale will amount to SEK 174 M. The buyer is Polonia Property Fund L.P. managed by the Irish bank AIB. Developed in 1998 and 2001, Atrium Plaza and Atrium Centrum comprise 14, 600 square meters and 17, 100 square meters, respectively, of leasable office and retail space, with underground parking on two levels. The sold properties are the third and fourth projects developed by Skanska along one of the main streets in central Warsaw. In the third quarter Skanska decided to start a new office project - Marynarska Point - located in Warsaw's Mokotow business district. This first phase of two comprises approximately 12, 500 square meters of leasable area. Skanska's investment amounts to EUR 28.8 M, approximately SEK 265 M. write your comments about the article :: © 2005 Construction News :: home page |