Skanska Sells Office Project in Poznan for 38 Million EUR

Skanska (STO:SKAB) has sold Malta House in Poznan, Poland, to the REINO Dywidenda FIZ, the first real estate closed-end investment fund set up and managed by REINO Partners. The value of the transaction is EUR 38 M, about SEK 355 M. The sale will be recorded by Skanska Commercial Development Europe in the third quarter of 2015 and the transfer of the property is also scheduled for the third quarter of 2015.

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Malta House, located on the shore of Lake Malta, is the first office project developed by Skanska in Poznan. The total leasable area of this class A office complex is approximately 14,700 square meters. Malta House is already 97 percent leased with major tenants such as Franklin Templeton, Ciber Poland and Owens-Illinois.

The complex is the first LEED Platinum certified office building in Poznan.

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.

Source: Skanska Press Release

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