Skanska establishes Commercial Development unit in Norway - Jörgen Eriksson appointed President


Skanska establishes Commercial Development unit in Norway - Jörgen
Eriksson appointed President

Skanska is to launch a new unit to develop its own projects in the
Norwegian office premises market. Jörgen Eriksson has been appointed
President of the operation.

Skanska Commercial Development Norway has acquired its first land area
in central Oslo and is actively looking for more land acquisitions.
“Our strong financial position enables us to invest in new projects
early in the business cycle. There is major potential for new, modern
and green offices that can attract tenants and investors in Oslo,” says
Claes Larsson, Executive Vice President and the member of Skanska's
Senior Executive Team responsible for Commercial Development. “The
interest is extensive among potential tenants and our great challenge is
to locate suitable land.”
Skanska is working actively to find land that can be developed to
provide new, exciting, green offices in Norway. Initially, the operation
will focus on the Oslo area, but other growth locations may also be of
interest.
Jörgen Eriksson has been appointed President of Skanska Commercial
Development Norway, which is part of Skanska Commercial Development
Nordic, which develops offices, volume retail trade and logistics
properties in Sweden, Denmark, Finland and now also Norway.
Jörgen Eriksson has worked at Skanska for 25 years. Most recently, he
has been responsible for the project development in the Swedish
construction operation. Jörgen will assume his new position in January
2011.
The preparatory work that includes establishing a local organization in
Norway has been led by Niklas Grimslätt, who will now return to Sweden.
He will begin working at Skanska Properties Gothenburg in the autumn
after his parental leave.
All of Skanska's new office projects are designed to be energy efficient
and meet the requirements for certification in accordance with the
international environmental system LEED's Gold level.
Skanska Commercial Development Nordic initiates and develops property
projects in offices, logistics centers and retail warehouses.
Office operations focus on the four large metropolitan regions in
Sweden, the Copenhagen region in Denmark, the Helsinki region in Finland
and Oslo in Norway. The development of logistics centers and volume
retail properties is conducted in strategic locations in Sweden,
Denmark, Finland and Norway.
For further information please contact:
Jan Odelstam, President, Skanska Commercial Development Nordic, tel: +46
10-448 15 25.
Peter Gimbe, Press Officer, Skanska AB, tel +46 10-448 88 38.
Direct line for media: +46 10-448 88 99.
This and previous releases can also be found at
www.skanska.com (http://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 49,000
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.


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