Skanska divests Oslo office property Parallell

Skanska has entered into an agreement with Malling Core Plus 2023 AS to sell the Parallell office property in Løren, Oslo for NOK 632.5 million.

– We are satisfied to have reached a sale agreement with a solid player like Malling and their investor. With Parallell, the buyer acquires a flexible, environmentally friendly and efficient quality building for their portfolio, says Synnøve Lyssand Sandberg, Managing Director of Skanska Commercial Development.

Completed in 2020, Parallell houses tenants such as Bravida, Norsk Gjenvinning and SAJA Flex. The 19,000 sqm office building was developed and constructed by Skanska.

Parallell is an office building with a holistic sustainability focus, offering a work environment that emphasizes health and wellbeing. It features highly energy-efficient solutions and is set to achieve both BREEAM-NOR Excellent and WELL Core Gold health certifications. The project has received support from Enova for using innovative technology.

Handover of the property is planned for August 2024. The sale has been facilitated by Akershus Eiendom. Wiersholm and Thommessen have acted as legal advisors to Skanska Commercial Development and Malling, respectively.

The translation was written by an AI system, though the original text was authored by a human. Read the original article here