Printer Friendly

Skanska to Develop Havneholmen in Copenhagen - Investing about SEK 325 M in a First Office Project.

STOCKHOLM, Sweden -- Skanska (STO:SKAB) is starting development of Havneholmen in central Copenhagen. The first office project, Atrium, comprises 12,500 square meters in seven stories. Skanska's investment during the development phase amounts to about DKK 260 M, approximately SEK 325 M.

Lease negotiations are under way with a number of prospective tenants.

"There is great demand for offices in Denmark and we are currently engaged in discussions with prospective tenants," says Richard Hultin, President of Skanska Oresund. "With Atrium on Havneholmen, we can offer modern and flexible office premises with a fantastic view of the ocean."

The construction work will be carried out by Skanska Denmark and the property is expected to be ready for occupancy during the second quarter of 2007.

Skanska owns an additional 40,000 square meters of building rights on Havneholmen for continued development of offices. Skanska Oresund also recently sold one of the adjacent building rights to the Aller media group, which is constructing a new 18,000-square-meter head office.

Skanska Oresund is organized within Skanska Commercial Development Nordic Region and is continuing with the start of Atrium the development of office properties in the south port district of Copenhagen. Earlier office projects were carried out at nearby Kalvebod Brygge, where Skanska has built and developed offices for HSH Nordbank AG and Forstaedernes Bank A/S, among others.

Skanska Commercial Development Nordic Region initiates and develops property projects within offices, logistics and shopping centers, The office operations are concentrated to the three large metropolitan regions in Sweden and the Copenhagen region of Denmark. Development of logistics facilities is conducted in strategic locations in Sweden and Copenhagen. Shopping centers are developed in strong retail markets in Sweden and Finland.

Skanska Commercial Development Nordic Region is divided into three regional companies: Gothenburg, Stockholm and Oresund.

Skanska is one of the world's leading construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. The Group currently has 54,000 employees in selected home markets in Europe, in the US and Latin America. Sales in 2005 totaled USD 17 billion.

This information was brought to you by Waymaker http://www.waymaker.net
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 17, 2006
Words:359
Previous Article:Sprint Tournament Center Quotes from March 16; Host Bonnie Bernstein and Former Coaches Jim Harrick and Perry Clark Give Sprint Customers News and...
Next Article:Pharmacy Manpower Project Report Finds Ranks of Pharmacists Shrink as Job Demands Grow; Pharmacists Want More Time to Counsel Patients, Less Time...
Topics:


Related Articles
Skanska sells property in Sollentuna for SEK 265 M with gain of SEK 104 M.
Skanska Brings Its Largest Ever Public Private Partnership Project to the Financing Market - Investing GBP 48 M, about SEK 650 M, Which Will Secure a...
Skanska Sells Five Properties for SEK 750 M With Gain of SEK 536 M.
Skanska initiates new project in Budapest - invests SEK 224 M.
Skanska to Develop New Residential Area in Orebro: Building about 230 Apartments on Own Behalf and for External Customers.
Skanska Sells Property in Prague for SEK 341 Million.
Skanska Develops New Office Premises in Malmo, Invests SEK 200 M and Signs Lease with Ohrlings PriceWaterhouseCoopers.
Skanska to Build Offices and Apartments in Central Stockholm, Investing Approximately SEK 620 M.
Skanska Sells Property Portfolio To Oppenheim for SEK 500 M, With Capital Gain of SEK 184 M.
Skanska to Develop and Build Offices in Sundbyberg - Invests a Total of about SEK 300 M.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters