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Skanska sells properties in Gothenburg for SEK 470 Million

2/17/1998 12:00 AM CET
Press release

Skanska has sold two large properties in central Gothenburg for a total of SEK 470 million. The sale will generate a capital gain of SEK 420 million.

PRESS RELEASE, FEBRUARY 17, 1998                    09/98

SKANSKA SELLS PROPERTIES IN GOTHENBURG FOR SEK 470 MILLION

Skanska has sold two large properties in central Gothenburg for a total of SEK 470 million. The sale will generate a capital gain of SEK 420 million.

The purchasers are the First, Second and Third AP Funds and the transfer of ownership involves the commercial building known as "Kompassen" (within Vallgraven 8:18) and the property block known as "Perukmakaren" (within Vallgraven 9:13) in Gothenburg.

The properties contain 8,400 m2 of retail store space, 2,800 m2 of office space, a 2,500 m2 fitness center, 530 car parking spaces and storage areas.

 

Danderyd, Sweden
February 17, 1998

SKANSKA AB
Group Corporate Communications

 


For further information, please contact: Kent Jönsson , Skanska Real Estate Gothenburg, tel +46 31 771 10 00 or +46 (0)70-544 90 31.

This and previous press releases are also available on http://www.skanska.com