Skanska's office buildings sold to Niam could cost €100 mln

Swedish fund manager Niam, which acquired four Poland-based office properties from Skanska Commercial Development Europe by the end of 2015, has taken out a €104 million loan to complete the transaction, the media reported. Niam purchased Kapelanka 42 A and Axis, as well as buildings A and B at the Silesia Business Park complex in Katowice (63,000 sqm of GLA in total). It was the largest sales transaction conducted this year in the CEE office market and the largest transaction in the history of Skanska's activity in this region. It's value has never been disclosed. The credit was provided by Geraman commercial bank Helaba.