Skanska sells office project in Copenhagen to Aviva Investors

Skanska sells office project in Copenhagen to Aviva Investors
CPH Highline in Copenhagen Image: Courtesy of Skanska

Skanska has sold an office building in Copenhagen, Denmark for DKK 917M, about SEK 1.2 billion(app.€120m) to Aviva Investors, acting on behalf of its client.

The multitenant office project, CPH Highline, covers approximately 17,000 square meters offices and 167 parking lots. It has a very sustainable profile, with innovative solutions and will be DGNB gold certificated.

READ ALSO : AEW makes first European life sciences acquisition with Copenhagen investment

The project was completed in December 2020 and is at divestment 93 percent leased. The tenants include SAS Institute, Global Connect and Nordnet Bank.

The building is located at Havneholmen in central Copenhagen, where Skanska during a decade has developed several office buildings and more than 330 residential units.

The transaction will be completed in April, 2021.