Skanska sells office project in Krakow, Poland, for EUR 29 M, about SEK 263 M
Skanska has sold one of the buildings of its office project Kapelanka 42, Krakow, Poland. The building was acquired by a special purpose vehicle of REINO Dywidenda FIZ, the first dividend real estate closed-end investment fund set up and managed by REINO Partners. The value of the transaction totals EUR 29 M, about SEK 263 M. The sale will be recorded in the fourth quarter 2014 and the transfer of the property is also scheduled for the fourth quarter 2014.Kapelanka 42 is the first project developed by Skanska Property Poland in Krakow. The total leasable area of this A class office complex,