Construction giant Skanska has sold its ongoing office project Bylingen in Stockholm to Deka Immobilien for SEK 576 mln (EUR 58 mln). Deka is contributing the property to its WestInvest ImmoValue property fund. The property is fully leased and comprises about 14,500 m[sup]2[/sup] of office space and studios for media group MTG, Modern Times Group and two restaurants. The building is classed as an EU GreenBuilding which means that energy consumption is at least 25% lower than Swedish standards.
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