Skanska sells two office buildings in Katowice, Poland, for EUR 59 M, about SEK 609 M
Skanska has sold buildings C and D of the Silesia Business Park office complex in Katowice. The buyer is ISOC Group, a diversified real estate and infrastructure investment group, based in Manila, Phillipines. The value of the transaction is EUR 59 M, about SEK 609 M. The transaction will be recorded by Skanska Commercial Development Europe in the fourth quarter of 2018. The transfer of the property is also scheduled for the fourth quarter 2018.
The two properties that have been sold offer a total leasable area of around 24,600 square meters (12,300 sqm each). Building C is already LEED Gold certified (Leadership in Energy & Environmental Design), while Building D is expected to receive the certification in Q2 2019. Both properties are a part of the four-building Silesia Business Park office complex, which is now entirely divested.
Skanska is one of the leading development and construction companies in Europe. Outside the Nordics, the company has European operations in building construction and civil engineering in Poland, the Czech Republic, Slovakia and the UK. Skanska develops commercial properties in selected home markets in Poland, the Czech Republic, Romania, and Hungary, while the company's residential development is active in Prague and Warsaw. Skanska also offers services in public-private partnerships. In 2017, Skanska had sales of SEK 37 billion and employed 16,000 people in its European operations.