December 29, 2017 / 6:37 AM / 10 months ago

BRIEF-Skanska sells property in Boston, for about MUSD

Dec 29 (Reuters) - Skanska Ab says:

* Sells Watermark Seaport multi-family development in Boston, USA, to CLPF Residences at Seaport LLC.

* Skanska’s equity ownership is 42.75 percent. Skanska’s portion of the divestment, about USD 60 million, about SEK 510 million, will be recorded by Skanska USA Commercial Development in the fourth quarter of 2017.

* The transfer of ownership of the property to CLPF Residences at Seaport LLC will occur in the first quarter of 2018. Source text for Eikon: Further company coverage: (Reporting By Johan Sennero)

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