Skanska sells ongoing office project in Copenhagen to Norrporten


Skanska sells ongoing office project in Copenhagen to Norrporten

Skanska is selling the Havneholmen Atrium property in Copenhagen. The purchaser
is the real estate company Norrporten, which will take over the property when it
is completed during the second quarter of 2008.

In accordance with Skanska's information policy the purchase price or capital
gain is not disclosed for commercial development projects under construction.
The development gain will be reported in the quarterly reports as project
completion progresses.

The property comprises 12,500 square meters of office space. The project was
started in the second quarter 2006 and is currently under construction.
Skanska's investment amounts to approximately SEK 370 M. 

About 80 percent of the property is currently leased. Leases have been signed
with Handelsbanken, Ahlbins and BDO ScanRevision. Negotiations concerning the
remaining space are under way with a number of prospective tenants.  

“It is gratifying to note that our market share in Copenhagen is now increasing.
The property's quality and location favorably match our business concept and
development strategy in Copenhagen,” says Anders Wiklander, President of
Norrporten.

Atrium is Skanska's first development project at Havneholmen, where Skanska has
an additional 40,000 square meters of building rights. The next phase being
planned comprises approximately 18,500 square meters. 

“We are noting robust demand for real estate projects in the Öresund region,
particularly for office premises. Interest is considerable from both investors
and tenants and we are continuing to create new projects,” says Richard Hultin,
President of Skanska Öresund. 

The building is designed by Gert Wingårdh architects and the construction
assignment is being conducted by Skanska Denmark.

Skanska Commercial Development Nordic is one of 14 business units within
Skanska. Its task is to initiate and develop property projects involving
offices, logistics and shopping centers. Office operations focus on the three
large metropolitan regions in Sweden, the Copenhagen region of Denmark and
Helsinki, Finland. The development of logistics facilities and volume retail
properties is conducted in strategic locations in Sweden, Denmark and Finland. 

Skanska Commercial Development Nordic is divided into three regional companies:
Gothenburg, Stockholm and Öresund.




For further information please contact:

Richard Hultin, President, Skanska Öresund, tel +46 70 673 15 56 
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38
Direct line for media: +46 8 753 88 99
Bo Henriksson, Norrporten, tel +46 70 540 88 59


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

This is the type of information that Skanska AB may be obligated to disclose in
accordance with the Swedish Securities Exchange and Clearing Operations Act
and/or the Financial Instruments Trading Act. 

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.

Attachments

07042024.pdf