Skanska to develop and construct the Stora Bernstorp retail center in Burlöv, northeast of Malmö

Skanska to develop and construct the Stora Bernstorp retail center in Burlöv,
northeast of Malmö

Skanska is developing the new Stora Bernstorp retail center in Burlöv
Municipality. Skanska's investment amounts to approximately SEK 420 M.

The first stage, currently being initiated, comprises three buildings totaling
28,000 square meters and is scheduled to be completed in the autumn of 2008.
Contracted tenants include Coop Forum, Intersport, Jysk and Flügger. A contract
has also been signed for one of Sweden's largest electronics retail stores that
will open in the Stora Bernstorp retail center.

When fully completed, the center will encompass a total of 35,000 square meters
of retail space.

“Demand for retail space in attractive locations continues to be strong,” says
Cecilia Fasth, President of Skanska Fastigheter Göteborg. “Most of the first
stage has been leased before construction has even started. Stora Bernstorp will
be a significant retail center in the Malmö region with both established retail
chains and new players.”

The new retail center is being constructed in Burlöv Municipality, northeast of
Malmö where Highway 11 intersects with Yttre Ringvägen (E6/E20/E22 beltway). The
construction project is being carried out by Skanska Sweden. 

Skanska Commercial Development Nordic Region initiates and develops property
projects within 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:

Cecilia Fasth, President, Skanska Fastigheter Göteborg AB, 
tel +46 70 528 38 15
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38. 
Direct line for media: tel +46 8 753 88 99


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.