Skanska Commercial Property Development divests Aqua in Malmö, Sweden, for SEK 600M to internal property portfolio
Skanska Commercial Property Development has divested the office building Aqua in Malmö, Sweden, to Skanska Investment Properties for about SEK 600M. The internal transaction has no effect on the cash flow and will be recorded in the fourth quarter 2022. The transfer will take place immediately.The office building Aqua in Malmö has a leasable area of approximately 9,900 square meters. The property, which is developed and built by Skanska, was completed in 2022 and is let to 94%. Among the tenants are the Swedish Transport Administration, Columbus, Axpo, Coolstuff, Agito, Nola and Aqua Sushi.