Skanska sells office tower in Boston, USA, for USD 455M, about SEK 4 billion
Skanska has signed a contract to divest its 121 Seaport office tower development in Boston, USA, to SVF Acquisitions, LLC, a joint venture between American Realty Advisors and Norges Bank Real Estate Management. The divestment, approximately USD 455M, about SEK 4 billion, is anticipated to be recorded by Skanska USA Commercial Development in the fourth quarter of 2018. The transfer of ownership of the property to SVF Acquisitions, LLC, is estimated to occur in the fourth quarter of 2018.121 Seaport is a 17-story, 37,000 square-meter, LEED®Platinum certified office tower with 275 below-grade