Insurer buys Stockholm offices for EUR 50m

Health insurer AFA Sjukforsakringsaktiebolag is buying the Gangaren 15 office property in Stockholm from Swedish construction and development giant Skanska for SEK 456 mln (about EUR 50 mln). Skanska's capital gain is SEK 132 mln (EUR 14 mln). Occupancy is scheduled for October 2007. Gangaren 15 comprises 11,000 m[sup]2[/sup] of office space and was completed in 2001 as part of Skanska's development in the Lindhagensterrassen area of the city. The offices are fully let.

Premium subscriber content – please log in to read more or take a free trial.

Events

Latest news

Best read stories