Skanska sells office projerty in Stockholm to Deka Immobilien

Skanska sells office projerty in Stockholm to Deka Immobilien

Skanska sells its ongoing office project Bylingen in Stockholm. The sales price
is SEK 576 M. The buyer is Deka Immobilien GmbH on behalf of its property fund
WestInvest ImmoValue and the transfer is scheduled for March 2010. 

The property is fully leased and comprises about 14,500 square meters of office
space and studios for the media group MTG, Modern Times Group and two
restaurants.

The building is classed as an EU GreenBuilding which means that energy
consumption is at least 25 percent lower than the Swedish standards.

“This transaction demonstrates that modern and energy-efficient office buildings
are attractive among tenants and investors. We are very proud of having created
one Sweden's best media houses, in a central location in Stockholm,” says Jan
Odelstam, President of Skanska Commercial Development Nordic. 

Skanska and Deka Immobilien have concluded several deals together before. For
example, Deka has acquired CityCronan in Stockholm and Atrium City in Warsaw
from Skanska. 

Pursuant to Skanska's communications policy, capital gains on commercial
development projects are not disclosed during the construction phase. This
project is expected to be completed during the first quarter of 2010. 

Skanska Commercial Development Nordic initiates and develops property projects
within office, logistics and commercial buildings. Office operations are
concentrated in the three metropolitan areas in Sweden, the Copenhagen area in
Denmark, Helsinki in Finland and Oslo, Norway. Development of logistics and
volume commercial properties is conducted in strategic areas in Sweden, Denmark,
Finland and Norway.

For further information, please contact:

Jan Odelstam, President, Skanska Commercial Development Nordic, Tel: +46
(0)10-448 15 25.
Peter Gimbe, Press Officer, Skanska AB, Tel: +46 (0)10-448 88 38.
Direct line for media: +46 (0) 10 448 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 project development and construction
groups with expertise in construction, development of commercial and residential
projects and public-private partnerships. Based on its global green experience,
Skanska aims to be the clients' first choice for green solutions. The Group
currently has 53,000 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 2009 totaled SEK 137 billion.