Skanska Sells Office Building in Romania for EUR 47 M, about SEK 440 M

ÖSTERSUND, Sweden--()--Regulatory News:

Skanska (STO:SKAB) has sold Building B of the office complex Green Court in Bucharest, Romania. The building has been acquired by the investment company Globalworth Real Estate Investments Ltd. The value of the transaction is EUR 47 M, about SEK 440 M, and the sale will be recorded by Skanska Commercial Development Europe in the fourth quarter 2015. The transfer of the property is scheduled for the same quarter.

The Green Court Bucharest B is LEED Gold pre-certified, has a total leasable area of around 18,600 square meters and is more than 80 percent leased.

Green Court Bucharest, located in the city’s new central business district, is the first office complex developed by Skanska in Romania. It comprises of three office buildings with a total leasable area of approximately 54,500 square meters. The transaction of Green Court Bucharest A to Globalworth Real Estate Investments Ltd. was finalized in June 2015.

Skanska Commercial Development Europe initiates and develops property projects in office buildings. The company’s operations are concentrated in the metropolitan areas of the Czech Republic, Hungary, Romania and Poland and are conducted in four local units: Skanska Property Czech Republic, Skanska Property Hungary, Skanska Romania and Skanska Property Poland.

This and previous releases can also be found at www.skanska.com

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 60,000 employees in selected home markets in Europe and in the US. Skanska's sales in 2014 totaled SEK 145 billion.

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Contacts

Skanska in Poland
Małgorzata Kubica, External Communication Manager
tel: +48 502 747 454
or
Skanska AB,
Andreas Joons, Press Officer
tel +46 (0)10 449 04 94
or
Direct line for media: +46 10 448 88 99

Contacts

Skanska in Poland
Małgorzata Kubica, External Communication Manager
tel: +48 502 747 454
or
Skanska AB,
Andreas Joons, Press Officer
tel +46 (0)10 449 04 94
or
Direct line for media: +46 10 448 88 99