Skanska sells office building in Bucharest, Romania, for EUR 53 M, about SEK 530 M
Skanska has sold the office building Campus 6.1 in Bucharest, Romania, to CA Immo, an Austrian based real estate company. The value of the transaction totals EUR 53 M, about SEK 530 M. The transaction will be recorded by Skanska Commercial Development Europe in the second quarter of 2018. The transfer is scheduled for the fourth quarter of 2018.
Campus 6.1 is the first phase of a four-building office complex Campus 6, the second development for Skanska in Bucharest. It is located in the Central West – a new submarket that Skanska has entered with this project. Campus 6.1 will be completed in the third quarter of 2018, while it is already almost fully leased to confidential tenants. The building will receive LEED Gold certificate (Leadership in Energy & Environmental Design).
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, Czech Republic & Slovakia and UK. Skanska develops commercial properties in select home markets in Poland, Czech Republic, Romania and Hungary, while the 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 about 16,000 employees in its European operations.