Skanska developing Gothenburg's first GreenBuilding - investing SEK 350 M in new landmark

Skanska developing Gothenburg's first GreenBuilding - investing SEK 350 M in new
landmark

Skanska is developing and constructing a new office property with strong green
profile in Gothenburg. Skanska's investment amounts to about SEK 350 M in the
first stage comprising 12,000 square meters of rentable floor space.  When fully
constructed, the office project will comprise a total of 17,000 square meters.
The first phase is scheduled to be completed in autumn 2010.

The new property in Gårda is expected to be the first in Gothenburg to meet the
demands for the EU GreenBuilding label. This means that the building's energy
consumption will be at least 25 percent lower than what is prescribed in the
Swedish National Board of Housing, Building and Planning's (Boverket) standard
for newly constructed properties. Application for GreenBuilding labeling will be
submitted in the autumn. In January this year, Skanska's office property
Hagaporten III in Solna became the first in Sweden to be labeled in accordance
with the latest GreenBuilding standard.

“In addition to the green quality, the Gårda property has a prime location
adjacent to the E6/E20 highway, with a short travel time to the Landvetter
Airport, good public transportation and with the Liseberg amusement park and
Ullevi Arena as well as the Scandinavium Arena and Swedish Conference Center
within walking distance. The demand for new and modern office premises in
Gothenburg is strong and we are looking forward to providing this landmark,”
says Cecilia Fasth, President of Skanska Properties Gothenburg.

The building on Johan i Gårdas street will be sixteen stories high. In addition
to office premises, about 150 parking places are provided underground.
Construction is being carried out by Skanska Sweden and will begin in August
2008. Leasing discussions are under way with a number of companies that have
registered their interest.

“The energy efficient building in Gårda will have a strong environmental profile
also in terms of materials selection. We strive to use eco-labeled products to
the greatest extent possible, for example, in terms of paint, ceilings and
flooring. We also have halogen-free electrical installations that reduce the use
of PVC. Our tenants will also be provided cost-free energy advisory services and
company bicycles,” says Hans Wallström, Environmental Officer within Skanska
Commercial Development Nordic Region.


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.