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| Skanska sells retail properties in Halmstad and Lund Skanska is selling the retail properties Stenalyckan 3 in Halmstad and Avtalet 13 in Lund, Sweden for SEK 155 M to Danish Ejendomsvaekst. The gain amounts to SEK 64 M and is being reported in the first quarter of 2007. The new property owner will take over ownership during the second quarter. The Stenalyckan 3 property is the second stage of Skanska's share in the development of the Stenalycken commercial site in Halmstad. The building, which comprises 7,000 square meters of volume retailing space, is under construction and will be completed this summer. Among other tenants, leases were signed at an early stage of the project with Expert, Cervera and Jula. In conjunction with the completion of the second stage, Skanska has developed a total of 12,000 square meters of retail space at Stenalyckan's commercial site. The property in Lund was completed during the autumn of 2006 and was part of the third stage of the Pilsåker commercial center. The tenants are Sova and JME Data. write your comments about the article :: © 2007 Construction News :: home page |