Skanska sells ongoing retail park project in Burlöv

Skanska sells ongoing retail park project in Burlöv

Skanska is selling an ongoing commercial development project in Burlöv outside
Malmö. Buyer is a German investment fund. Occupancy will be in two steps during
the fourth quarter of 2008 and the second quarter of 2009.

In accordance with Skanska's information policy the purchase price and the gain
on commercial development projects are not disclosed during construction. The
development gain is therefore reported quarterly in pace with completion of the
project.

The property transaction covers all four retail warehouses at the Stora
Bernstorp retail park in Burlöv's Municipality outside Malmö. The commercial
area will comprise a total of about 37,000 square meters and is divided into
four stages. The construction was started in autumn 2007 and will be completed
in stages between Q4 2008 and Q2 2009. Skanska's investment amounts to about SEK
585 M. The construction project is being carried out by Skanska Sweden.

The contracted tenants include Coop Forum, Media Markt, Intersport, Flügger,
Djurkompaniet, Sportex, Jula, Jysk and Sängkompaniet.

“We are very proud of being involved together with the Burlöv Municipality in
developing and establishing the character of a new part of Burlöv. Previously,
Skanska was involved in developing and building BMW's Nordic spare parts
warehouse in the area, where we are now also developing a logistics center for
Transfargo and a truck center for Volvo. Our leasing effort in Stora Bernstorp
has been successful, and combined with strong demand from inventors, we chose to
sell now and focus on future project opportunities,” says Cecilia Fasth,
President of Skanska Fastigheter Göteborg.

Skanska Commercial Development Nordic initiates and develops property projects
within offices, logistics centers and retail warehouses. Office operations focus
on the three large metropolitan regions in Sweden, the Copenhagen region in
Denmark and Helsinki, Finland. The development of logistics centers and volume
retail properties is conducted in strategic locations in Sweden, Denmark and
Finland. Skanska Commercial Development Nordic Region 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

Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Markets 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 60,000 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
2007 totaled SEK 139 billion.