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| Skanska sells office in Stockholm Swedish construction company Skanska is selling the Gångaren 18 property in Stockholm for SEK 495 M to AFA Sjukförsäkringsaktiebolag. The capital gain amounts to about SEK 160 M and is being recognized in the second quarter of 2008. Occupancy is in June 2008. The building, comprising approximately 10,500 square meters of office space and additional parking, was completed at Lindhagensterrassen on Kungsholmen in spring 2007. Tenants include Storstockholms Lokaltrafik (Stockholm Transport-SL), Stockholm County Council and Inspecta. The Gångaren 18 property is one of Skanska's commercial development projects at Lindhagensterrassen. Since 1996, Skanska has developed about 140,000 square meters of commercial properties in the area and invested about SEK 5 billion. Other tenants in the area include Electrolux, Hi3G and Skandia. Skanska is also developing residential projects at Lindhagensterrassen. write your comments about the article :: © 2008 Construction News :: home page |