Skanska sells office complex in billion-dollar deal

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Skanska sells office complex in billion-dollar deal
Photo: Claudio Bresciani/TT

Skanska is selling the Port 7 office complex in the Czech capital Prague for approximately 130 million euros (equivalent to 1.4 billion SEK), the construction group writes in a press release.

Gate 7 was completed just over two years ago.

The buyer is the Czech real estate company AFI, with subsidiaries.

Skanska's share, which has risen 3 percent so far this year, is up 0.2 percent after the announcement - in line with the rest of the Stockholm Stock Exchange.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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