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Skanska's Monument Building hits the market for £130m

Skanska is putting its Monument Building in the City up for sale for £130m, the latest in a wave of stock in the Square Mile to hit the market before the summer, CoStar News can reveal.
By James Buckley
April 28, 2017 | 3:40 P.M.

Skanska has instructed Savills to put the building on the market for a net initial yield of 4.61% following a successful leasing campaign at the development which has taken less than a year to let up. It has always been Skanska’s plan to sell the asset once its full value had been realised.

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