{"id":1004330801,"date":"2019-06-14T03:42:51","date_gmt":"2019-06-14T11:42:51","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004330801"},"modified":"2019-06-14T06:37:47","modified_gmt":"2019-06-14T14:37:47","slug":"skanska-agrees-to-152m-helsinki-office-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/skanska-agrees-to-152m-helsinki-office-sale\/","title":{"rendered":"Skanska Agrees to $152M Helsinki Office Sale"},"content":{"rendered":"<div id=\"attachment_1004330969\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/European-Chemicals-Agency-ECHA-headquarters.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004330969\" data-attachment-id=\"1004330969\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/skanska-agrees-to-152m-helsinki-office-sale\/european-chemicals-agency-echa-headquarters\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/European-Chemicals-Agency-ECHA-headquarters.jpg\" data-orig-size=\"900,636\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"European Chemicals Agency ECHA headquarters\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;European Chemicals Agency ECHA headquarters. Image courtesy of L Architects Oy&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/European-Chemicals-Agency-ECHA-headquarters.jpg?w=900\" class=\"wp-image-1004330969 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/European-Chemicals-Agency-ECHA-headquarters.jpg\" alt=\"\" width=\"300\" height=\"212\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/European-Chemicals-Agency-ECHA-headquarters.jpg 900w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/European-Chemicals-Agency-ECHA-headquarters.jpg?resize=300,212 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/European-Chemicals-Agency-ECHA-headquarters.jpg?resize=768,543 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004330969\" class=\"wp-caption-text\">European Chemicals Agency ECHA headquarters. <em>Image courtesy of L Architects Oy<\/em><\/p><\/div>\n<p>German investor HANSAINVEST Real Assets has reached an agreement to purchase a major office development in central Helsinki from Skanska for \u20ac135 million, or approximately $152 million. The 190,000-square-foot project broke ground shortly after Skanska signed the European Chemical Agency to a headquarters lease in December 2017.<\/p>\n<p>The developer anticipates construction will wrap up by the end of this year. The sale will occur in January 2020, around the same time the tenant moves into the new space.<\/p>\n<p>Located at 6-8 Telakkakatu in the former shipyard district of Telakkaranta, the two-building project is less than a mile south of downtown Helsinki and near an abundance of public transportation options. The first building is a ground-up construction project that will rise eight stories upon completion. The other structure is an adaptive reuse of a disused machine shop. The two will be connected via a walking passage.<\/p>\n<p>Skanska has been busy in the area since 2006, when it began redeveloping the formerly industrial area in tandem with the City of Helsinki. Two condominium developments currently underway nearby\u2014the 29-unit Helsinki Annex and the 49-unit Helsinki Court\u2014are slated for delivery in 2021 and 2022. Additional retail, office and multifamily projects are planned for the future.<\/p>\n<p>Last summer, Skanska agreed to sell another of its Helsinki projects\u2014the nearly 130,000-square-foot K6\u2014<a href=\"https:\/\/www.commercialsearch.com\/news\/skanska-sells-helsinki-office-building-for-62m\/\">for approximately $62 million<\/a>. The development is located some 3 miles northeast of Telakarranta.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 190,000-square-foot development, set to become the headquarters for the European Chemicals Agency, is under construction and anticipated to be delivered by the end of 2019.<\/p>\n","protected":false},"author":861,"featured_media":1004330969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,16,21783,21742,21747],"tags":[33971,32886],"class_list":["post-1004330801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-international","category-investment","category-latest","category-office","tag-adaptive-reuse-projects","tag-skanska"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Skanska Agrees to $152M Helsinki Office Sale - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/skanska-agrees-to-152m-helsinki-office-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Skanska Agrees to $152M Helsinki Office Sale\" \/>\n<meta property=\"og:description\" content=\"The 190,000-square-foot development, set to become the headquarters for the European Chemicals Agency, is under construction and anticipated to be delivered by the end of 2019.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/skanska-agrees-to-152m-helsinki-office-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-14T11:42:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-14T14:37:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/European-Chemicals-Agency-ECHA-headquarters.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"636\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Hamann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-agrees-to-152m-helsinki-office-sale\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-agrees-to-152m-helsinki-office-sale\\\/\"},\"author\":{\"name\":\"Jeff Hamann\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9dada606742ec2aa010683bdabf468f4\"},\"headline\":\"Skanska Agrees to $152M Helsinki Office Sale\",\"datePublished\":\"2019-06-14T11:42:51+00:00\",\"dateModified\":\"2019-06-14T14:37:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-agrees-to-152m-helsinki-office-sale\\\/\"},\"wordCount\":248,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-agrees-to-152m-helsinki-office-sale\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/06\\\/European-Chemicals-Agency-ECHA-headquarters.jpg\",\"keywords\":[\"Adaptive Reuse Projects\",\"Skanska\"],\"articleSection\":[\"Deals\",\"International\",\"Investment\",\"News\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-agrees-to-152m-helsinki-office-sale\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/skanska-agrees-to-152m-helsinki-office-sale\\\/\",\"name\":\"Skanska Agrees to $152M Helsinki Office Sale - 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