Skanska Commercial Property Development divests Sthlm 01 in Stockholm, Sweden, for SEK 2.3 billion to internal property portfolio
Skanska Commercial Property Development Nordic has divested the office building Sthlm 01 in Stockholm, Sweden, to Skanska Investment Properties for about SEK 2.3 billion. 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 102 meter and 27 story tall building Sthlm 01 in the Hammarby Sjöstad district of Stockholm, has a total leasable area of approximately 26,500 square meters. The property, which is developed and built by Skanska, was completed in 2020 and is let to about 80%. Among the