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Skanska divests office project in Stockholm to Norrporten

Top Nordic construction firm Skanska sells its ongoing office project, the Flat Iron Building, at Norra Bantorget in central Stockholm. The sales price is SEK 850 M. The buyer is Norrporten and the transfer will take place in March 2010.

The Flat Iron Building comprises about 13,400 square meters of modern office space and has become one of Stockholm's new landmarks, with its location at Norra Bantorget and its unique design.

The architecture is reminiscent of the famous building of the same name in Manhattan, New York. The building comprises eight floors above ground and 70 underground parking places.

Work is underway on securing LEED (Leadership in Energy and Environmental Design) environmental certification and the Swedish Building-Living Dialogue's environmental classification for the building.



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