Skanska Announces Successful Sale of Residential Property
Skanska's Major Property Divestment
Skanska, a leader in construction and development, recently completed the sale of its multi-family rental property, C.F. Møllers Have. The transaction, valued at approximately DKK 520M, translates to around SEK 800M. The buyer in this deal is the Home.Earth Group Holding A/S, marking a significant step in Skanska's strategy to streamline its portfolio.
Details of the Sold Property
The property, located in Ørestad, features a robust residential space encompassing 12,000 square meters, including 156 rental apartments and two commercial leases. It stands out for being conveniently situated near the metro line, providing easy access for residents and guests alike. The completion of the property took place in late 2023, and it is noteworthy that all residential units are currently leased.
Key Features and Amenities
C.F. Møllers Have boasts impressive certifications, including DGNB Gold, underscoring its sustainability and quality standards. A unique feature of this property is the shared courtyard and orangery, enhancing the living experience for tenants with outdoor leisure options. Moreover, each apartment includes either a balcony or a private terrace, allowing residents to enjoy outdoor space.
Parking Facilities
The property also provides extensive underground parking, catering to the needs of residents with allocated spaces for bicycles. Additionally, public parking facilities are available, with a long-term lease agreement offering 125 parking spaces managed by By & Havn. This arrangement supports both residents and visitors, making it a convenient location.
Future Implications of the Sale
This divestment is part of Skanska’s forward-thinking approach in the real estate market. The transaction will be officially recorded within the Commercial Development segment during the fourth quarter of 2024, further aligning Skanska's financial strategies for optimal performance. With this sale finalized, Skanska positions itself to explore new avenues for investment and property development.
Contact Information for Inquiries
For more information regarding this property sale, interested parties can reach out to:
Peter Nymann-Joergensen, Managing Director, Skanska A/S, tel +45 21 68 61 02
Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94
Additionally, there is a direct media contact line available at +46 (0)10 448 88 99.
What This Means for Skanska
The sale of C.F. Møllers Have aligns with Skanska's overall corporate strategy focused on optimizing its portfolio and securing future projects while maintaining sustainability at the forefront. As Skanska moves forward, this transaction represents a robust step in reinforcing its position within the competitive real estate market.
Frequently Asked Questions
What is the value of the property sold by Skanska?
The property was sold for DKK 520M, which is approximately SEK 800M.
Who purchased the C.F. Møllers Have property?
The buyer of the property is Home.Earth Group Holding A/S.
Where is the C.F. Møllers Have located?
The property is situated in Ørestad, an area known for its convenient access to public transportation.
What certification does the property hold?
C.F. Møllers Have is certified with DGNB Gold, emphasizing its quality and sustainability.
Are there amenities included with the C.F. Møllers Have?
Yes, the property features residential apartments with balconies or private terraces as well as shared outdoor spaces like a courtyard and orangery.
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