Skanska signs additional contract for office tower in Newark, USA, worth USD 220 M, about SEK 1.4 billion
| Source:Skanska AB
Skanska has signed an additional contract for the building of the new officer
tower for Prudential Financial Inc. in Newark, New Jersey, USA. The contract
value is approximately USD 220 M, about SEK 1.4 billion, which will be included
in order bookings for Skanska USA Building for the third quarter of 2013.
As previously announced, the project includes a 20-story office tower, with a
total area of about 68,000 square meters, which will have an adjoining parking
garage and retail space on the ground level. The project aims to achieve LEED
certification on Gold level.
Construction has begun and is expected to be completed in early 2015.
Skanska USA is one of the leading development and construction companies in the
country, consisting of four business units: Skanska USA Building, which
specializes in building construction; Skanska USA Civil, specialized in civil
infrastructure; Skanska Infrastructure Development, which develops public
-private partnerships; and Skanska Commercial Development, which develops
commercial projects in select U.S. markets. Headquartered in New York, Skanska
USA has approximately 8,300 employees and its 2012 revenues were SEK 37.3
For further information, please contact:
Beth Miller, Communications Manager, Skanska USA, tel +917 656 5883
Edvard Lind, Head of Media Relations, Skanska AB, tel: +46 (0)10-448 88 08
Direct line for media: +46 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
premises, and public-private partnership projects. Based on its global green
experience, Skanska aims to be the client’s first choice for green solutions.
The group currently has 57,000 employees in selected home markets in Europe, the
US and Latin America. Skanska's sales in 2012 totalled SEK 132 billion.
*PFI of the United States is not affiliated with Prudential plc, which is
headquartered in the United Kingdom.
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