Skanska sells property in Stockholm for SEK 48.5 M, with a gain of SEK 47 M
Skanska Project Development Sweden is selling the Görväln 2 property in Stockholm to Svenska Fastighetsfond AB for SEK 48.5 M. The capital gain amounts to SEK 47 M and is being reported in the fourth quarter of 2003.
Press Release
January 15, 2004
Skanska sells property in Stockholm for SEK 48.5 M, with a gain of SEK 47 M
Skanska Project Development Sweden is selling the Görväln 2 property in Stockholm to Svenska Fastighetsfond AB for SEK 48.5 M. The capital gain amounts to SEK 47 M and is being reported in the fourth quarter of 2003.
Görväln 2 is an office and production facility covering 7,300 square meters. The building from 1963 is fully leased to Recip AB.
Skanska Project Development Sweden focuses primarily on the initiation, development, management and sale of commercial property projects (offices, logistics and volume retail centers). The main emphasis is on Stockholm, Gothenburg and the Öresund region.
During 2003, Skanska's project development operations in Sweden and Central Europe sold properties totaling SEK 7.6 billion, at a combined capital gain of around SEK 2.4 billion. Some 90 percent of the capital gain is attributable to projects completed during the past five years.
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For further information please contact:
Anders Kupsu, President, Skanska Fastigheter Stockholm AB, tel +46 8 504 361 85 or +46 70 585 61 85
Björn Boestad, Business Development Manager, Skanska Fastigheter Stockholm AB,
tel +46 8 504 350 92 or +46 70 553 80 92
Peter Gimbe, Press Officer, Skanska AB,
tel +46 8 753 88 38