Skanska : sells office building in Helsinki, Finland, for EUR 53 M, about SEK 540 M

6/21/2018 9:00 AM CET

Press release

Skanska has sold the office building K6 in Helsinki, Finland, for EUR 53 M, about SEK 540 M. The buyer is Senate Properties, which is the work environment partner and specialist body of the Finnish government. The transaction will be recorded by Skanska Commercial Development Nordic in the second quarter 2018. The final handover is expected in Q4 2019.

The K6 building will comprise about 12,000 square meters of office space and it will be occupied by Senate Properties' tenants. It will complete a block where various renovation and new construction projects have been carried out since the end of the 1990's. The office building has been designed to fulfill the requirements of modern activity based working. It will be certified according to the Gold level of the environmental certification system LEED (Leadership in Energy & Environmental Design).

The construction of the K6 building begun in autumn 2016 and will be completed in summer 2019.

Skanska is one of the leading development and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska offers services in public-private partnerships. Skanska had sales of about SEK 65 billion and more than 15,000 employees in its Nordic operations during 2017.