Skanska builds corporate headquarter in Tennessee, USA, for USD 70M, about SEK 590M


Skanska has signed a contract with Lifeway Christian Resources to manage the
construction of its new corporate headquarters in Tennessee, USA. The contract
is worth USD 70M, about SEK 590M, which will be included in the order bookings
for Skanska USA Building in the second quarter 2016.
The project consists of a nine-story, 25,000-square-meter office building and
820-car parking garage. When complete, the Lifeway Christian Resources
Headquarters will house 1,100 employees. This project is part of the emerging 32
-acre Capitol View campus, a mixed-use urban development in Nashville's central
business district.

Construction began in April 2016 and is slated for completion in November 2017.


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 North America, which develops
public-private partnerships; and Skanska USA Commercial Development, which
develops commercial projects in select U.S. markets. Headquartered in New York,
Skanska USA has more than 10,000 employees and its 2015 revenues were SEK 54.5
billion.
For further information, please contact:

Shelby Adams, Communications, Skanska USA, tel: +1 972 281 64 51

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com
Skanska AB discloses the information provided herein pursuant to the Securities
Market 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 partnerships projects. Based on its global green
experience, Skanska aims to be the clients' first choice for Green solutions.
The Group currently has 43,100 employees in selected home markets in Europe and
North America. Skanska's sales in 2015 totaled SEK 155 billion.

Attachments

04297965.pdf