Skanska divests office building in Kiruna, Sweden, for about SEK 260M
Skanska has divested an office building in Kiruna, Sweden, to Luleälven Fastigheter AB for about SEK 260M. Construction of the six-storey building will start in 2021 and transfer of the property will take place in connection with completion in 2023. The transaction will be recorded by Skanska Sweden in the Commercial Development stream in the third quarter 2021.The office building, named Börsen H1, will be located on the town hall square in the new Kiruna city center, adjacent the town hall. The project, which is being developed and built by Skanska, is a natural continuation of Skanska's