Skanska constructs campus in Washington D.C., USA, worth USD 78 M, about SEK 510 M
Skanska has signed a contract with American University (AU) to construct the school’s new East Campus in Washington D.C., USA. The contract value is USD 78 M, about SEK 510 M, which will be included in order bookings for Skanska USA Building for the third quarter of 2013.
Skanska is responsible for providing construction management services to build the East Campus’ six new buildings, which collectively total nearly 32,000 square meters. The new buildings will be targeting LEED Gold certification.
The precontruction and design has already started and the new campus buildings will open for occupancy in fall 2016.
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 billion.
For further information, please contact:
Jessica Murray, Senior Director of Communications, Skanska USA, tel +1 404 946 7468
Pontus Winqvist, Senior Vice President Investor Relations, Skanska AB, tel +46 (0)705 468797
Direct line for media: tel +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 worldʼs 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 57,000 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 2012 totalled SEK 132 billion.