Skanska sells ongoing retail park project in Burlöv
Skanska is selling an ongoing commercial development project in Burlöv outside Malmö. Buyer is a German investment fund. Occupancy will be in two steps during the fourth quarter of 2008 and the second quarter of 2009.
In accordance with Skanska’s information policy the purchase price and the gain on commercial development projects are not disclosed during construction. The development gain is therefore reported quarterly in pace with completion of the project.