Skanska sells retail park project in Burlov

Swedish construction group Skanska said it has sold four retail warehouses at the Stora Bernstorp retail park in Burlöv outside Malmo to an unnamed German investment fund for an undisclosed sum. Construction of the 37,000 m[sup]2[/sup] project, which is divided into four stages, was started in autumn 2007 and occupancy will be in two steps during the fourth quarter of 2008 and the second quarter of 2009. Contracted tenants include Coop Forum, Media Markt, Intersport, Flugger, Djurkompaniet, Sportex, Jula, Jysk and Sangkompaniet. The construction project is being carried out by Skanska Sweden. The group's investment in the ongoing project amounts to about SEK 585mln (EUR 62.5mln).

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