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By Reuters Staff
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FILE PHOTO: Swedish builder Skanska sign is seen at the building site on Brompton Road in London, Britain November 7, 2018. Picture taken November 7, 2018. REUTERS/Anna Ringstrom/File Photo
STOCKHOLM (Reuters) - Swedish builder Skanska is selling a 95% stake in office property 2+U in Seattle, Washington, to South Korea’s Hana Alternative Asset Management and Hana Financial Group for about $669 million.
Skanska, the Nordic region’s largest builder and one of the biggest in the United States, said the transaction for the 65,000 sq metre office tower in Seattle’s central business district would be recorded in the fourth quarter by Skanska USA Commercial Development.
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OSTERSUND, Sweden, Dec. 22, 2020 /PRNewswire/
Skanska divests a 95 percent interest in the 2+U office property in Seattle, Washington, USA, for approximately USD 669M, about SEK 5.5 billion, to South Korean financial group Hana Alternative Asset Management, alongside Hana Financial Group. The transaction will be recorded by Skanska USA Commercial Development in the fourth quarter 2020. Hana will immediately begin operations of the 2+U development.
2+U is a comprised of 65,000-square meter (approximately 703,000 RSF) office tower in Seattle s Central Business District and a 2,200 square-meter open-air community hub on the ground floor, known as the Urban Village, with local retail and cultural space. Office tenants include Qualtrics, Indeed.com, Dropbox Inc. and Spaces.