Skanska Completes Divestment of Residential Property in Copenhagen
Skanska Completes Divestment of Residential Property in Copenhagen
Skanska has recently completed the sale of its multi-family rental property known as C.F. Møllers Have which is located in Greater Copenhagen. The transaction has been valued at DKK 520 million, which translates to roughly SEK 800 million. This strategic move marks a significant milestone in Skanska's ongoing efforts to optimize its property portfolio. The new owner, Home.Earth Group Holding A/S, will soon take possession of the property.
Details of the Property Transfer
The formal transfer of C.F. Møllers Have is set to take place soon as the deal progresses. This modern residential property, which was completed in late 2023, spans a generous area of 12,000 square meters. It offers an impressive mix of 156 rental apartments alongside 2 small commercial leases. Each apartment comes with either a balcony or a private terrace, enhancing the living experience for tenants.
Property Features and Amenities
C.F. Møllers Have is celebrated not just for its size but also for its eco-friendly certification, boasting a DGNB Gold rating. The design promotes community living with a shared courtyard and orangery, ideal for relaxation and social interactions. Additionally, the underground parking garage addresses commuters' needs with designated space for bicycles. A public parking facility with 125 spaces has been leased for 30 years to By & Havn, further solidifying the property’s value and accessibility.
Skanska's Strategic Objectives
This divestment showcases Skanska's commitment to enhancing its commercial development stream and adjusting its investments in line with market trends. By divesting a property of this caliber, the company can reallocate resources towards projects that may yield higher returns in the long run, ensuring optimized portfolio management.
Future Developments
As the property market continues to evolve, Skanska remains focused on identifying new opportunities that align with their sustainability goals and market demands. This divestment is a clear indication of their proactive approach, allowing them to redirect capital into upcoming ventures, especially those that advance environmentally responsible developments.
Getting in Touch for More Information
For further information regarding the transaction and Skanska's current endeavors, individuals are encouraged to reach out to Peter Nymann-Joergensen, Managing Director at Skanska A/S, at +45 21 68 61 02, or Andreas Joons, Press Officer for Skanska Group, at +46 (0)10 449 04 94. They are also reachable via the direct media line at +46 (0)10 448 88 99, providing a seamless way for stakeholders and interested parties to gather insights.
Frequently Asked Questions
What is the value of the property Skanska divested?
The property was sold for DKK 520 million, approximately SEK 800 million.
What features does C.F. Møllers Have offer?
C.F. Møllers Have offers 156 rental apartments with balconies or private terraces, alongside shared amenities like a courtyard and orangery.
Who purchased the C.F. Møllers Have property?
The buyer of the property is Home.Earth Group Holding A/S.
When will the property officially change hands?
The transfer of ownership is set to occur shortly following the completion of the transaction.
How can I contact Skanska for more information?
You can reach Peter Nymann-Joergensen at +45 21 68 61 02 or Andreas Joons at +46 (0)10 449 04 94 for inquiries.
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