Skanska sells office at Lindhagensterrassen in Stockholm for SEK 495 M, with a gain of about SEK 160 M


Skanska sells office at Lindhagensterrassen in Stockholm for SEK 495 M, with a
gain of about SEK 160 M

Skanska is selling the Gångaren 18 property in Stockholm for SEK 495 M to AFA
Sjukförsäkringsaktiebolag. The capital gain amounts to about SEK 160 M and is
being recognized in the second quarter of 2008. Occupancy is in June 2008.

The building, comprising approximately 10,500 square meters of office space and
additional parking, was completed at Lindhagensterrassen on Kungsholmen in
spring 2007. Tenants include Storstockholms Lokaltrafik (Stockholm
Transport-SL), Stockholm County Council and Inspecta.

The Gångaren 18 property is one of Skanska's commercial development projects at
Lindhagensterrassen. Since 1996, Skanska has developed about 140,000 square
meters of commercial properties in the area and invested about SEK 5 billion.
Other tenants in the area include Electrolux, Hi3G and Skandia. Skanska is also
developing residential projects at Lindhagensterrassen.

“This is the third transaction with Skanska at Lindhagensterrassen. We believe
the area will continue to develop favorably and, consequently, that this is a
solid investment. Naturally, it is also a plus both for us as owners and for our
tenants that Skanska can offer such highly energy-efficient buildings,” says
Tomas Ingemarsson, Property Manager, AFA Försäkring.

“We are pleased about the trust AFA has shown in us through again selecting one
of our projects. We are also proud to have developed a section of the city that
previously had a suburban character into one of Stockholm's most attractive
office and residential areas. It is a good example of our capabilities as a City
Builder,” says Jan Odelstam, President, Skanska Properties Stockholm.

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:

Jan Odelstam, President, Skanska Fastigheter Stockholm, 
tel +46 70 590 37 23 
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38
Direct line for media: tel +46 8 753 88 99
Tomas Ingemarsson, Property Manager, AFA Försäkring, 
tel +46 708 92 85 41 


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.

Attachments

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