Skanska Commercial Property Development divests Sthlm 04 in Stockholm, Sweden, for SEK 830M to internal portfolio
Skanska Commercial Property Development Nordic has divested the office building Sthlm 04 in Stockholm, Sweden, to Skanska Investment Properties for about SEK 830M. The internal transaction has no effect on the cash flow and will be recorded in the fourth quarter 2023. The transfer will take place immediately.The office building Sthlm 04 in the Hammarby Sjöstad district of Stockholm, has a total leasable area of approximately 12,400 square meters. The property, which is developed and built by Skanska, was completed in 2020 and is let to about 90 percent. Among the tenants are