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Skanska sells office project in Finland

Skanska has reached an agreement to sell an office project in Helsinki to the German property company Commerz Real. The sales price amounts to approximately EUR 38.4 M, about SEK 375 M, and the capital gain to about EUR 6.7 M, about SEK 66 M, which will be included in earnings for the third quarter.

The transaction relates to the 10,700-square-meter Lintulahti Building, which has an occupancy rate of over 90 percent. The building was completed in 2009 and was Skanska Commercial Development Nordic's first own office development project in Finland.

Lintulahti was also the first building in the Nordic region to achieve precertification under the international environmental rating system LEED.



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