Skanska starts three commercial projects in Poland and Czech Republic totaling about SEK 620 M

Skanska starts three commercial projects in Poland and Czech Republic totaling
about SEK 620 M

Skanska is starting three new commercial development projects in Central Europe.

In Warsaw, the second phase of Marynarska Point is being developed and built.
The investment amounts to about SEK 300 M. The office building comprises
approximately 14,000 square meters and is located in the expansive Mokotov
business district.

Skanska has also started its first office project in Wroclaw. The first phase of
the Grundwaldzki Center in central Wroclaw comprises about 11,000 square meters.
Skanska's investment amounts to about SEK 200 M.

With a population of some 640,000, Wroclaw is Poland's fourth largest city. The
city is a regional center for business, industry and higher education in
southwest Poland.

At the same time, a 5,000-square-meter office project, Vysehrad Victoria, is
being started in the Czech capital, Prague. Skanska's investment amounts to SEK
120 M.

Construction work has begun and the three projects are scheduled for completion
in spring/summer 2008. Leasing activity has also been started. 

“We note increased interest in our projects and demand is strong in these
markets. Vacancies have been declining in the past quarters in Warsaw and
Prague,” says Lars Vardheim, President of Skanska Commercial Development Europe.

The newly started projects are all designed with a focus on energy efficient
solutions to achieve environmental and costs advantages in the operation phase
of the buildings.

Skanska already has two ongoing investment projects in Central Europe. The first
phase of the Marynarska Point project is being constructed in Warsaw comprising
about 13,000 square meters and will be completed during the first quarter of
2008.

In the Hungarian capital, Budapest, Nepliget Center, a 10,000-square-meter
office center, is under way. It will be completed for occupancy during the first
quarter of 2008.




For further information please contact:

Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 99
Mats Johansson, Managing Director, Skanska Property Poland, 
tel +48 502 737 240.
Rikard Henriksson, Managing Director, Skanska Property Czech Republic, 
tel +420 224 50 61 11


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.