Skanska Sells Office Building in Budapest for EUR 41M

Nordic Light Trio.

Image: Skanska

Skanska Sells Office Building in Budapest for EUR 41M

Sweden — Skanska has sold its Nordic Light Trio office building in Budapest to JR AMC, a South Korean real estate investment trust. The transaction is valued at EUR 41M and will be recorded by Skanska Commercial Development Europe in the third quarter of 2019. The transfer of the property is scheduled for the second quarter of 2020.

2019-07-19

Nordic Light Trio offers a total leasable area of around 14,000 square meters of which 98 percent has already been leased, with the anchor tenant being a multinational healthcare company. Nordic Light Trio is a part of the Nordic Light office complex located on the west side of the river Danube. It is expected to receive LEED Gold and WELL certifications.

Axel Ohlsson

[email protected]