Skanska divests remaining ownership in Bank of America Tower in Houston, USA, for approximately USD 24M, about SEK 200M
Skanska has sold their remaining 10 percent ownership stake in Bank of America Tower in Houston, Texas, USA, for approximately USD 24M, about SEK 200M, to an affiliate of Beacon Capital Partners. The transaction will be recorded by Skanska USA Commercial Development in the third quarter 2021. The transfer of ownership of the property is also expected to occur in the third quarter 2021.The divestment follows Skanska sale of its majority interest in 2019 to an affiliate of Beacon Capital Partners. Bank of America Tower in Houston is the first v4 Platinum Core & Shell certified project in the