Skanska to build an office and retail center in the US for USD 44 M, about SEK 308 M

Skanska to build an office and retail center in the US for USD 44 M, about SEK
308 M

Skanska has been contracted to build an office and retail center in the US. The
contract amount is USD 44 M, about SEK 308 M, which is included in the order
bookings for the first quarter.

The project involves a 14-story office building which will include five levels
of below grade parking, first floor retail space and a second floor “great room”
common area. The total gross building area is approximately 35,000 square
meters. 

Work has begun and is scheduled to be completed in July 2008. 

Skanska USA Building is a leading national and local provider of construction,
pre-construction consulting, general contracting and design-build services to a
broad range of US industries, including life sciences, healthcare, education,
high-tech, electronics, infrastructure, sports and entertainment. Skanska USA
Building also provides pharmaceutical validation services to clients. The
company is headquartered in Parsippany, New Jersey, and has approximately 3,600
employees. The company reported sales in 2006 of about SEK 30 billion.




For further information please contact:

Tom Crane, Senior Vice President Communication, 
Skanska USA Building, tel +1 973 753 3450 
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 99


This and previous releases can also be found at www.skanska.com


Skanska is one of the world's leading construction groups with expertise in
construction, development of commercial and residential projects and
public-private partnerships. The Group currently has 56,000 employees in
selected home markets in Europe, in the US and Latin America. Headquartered in
Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in
2006 totaled USD 17 billion.