Skanska invests EUR 30M, about SEK 280M, in phase I of an office project in Warsaw, Poland

Skanska has invested EUR 30M, about SEK 280M, in the first phase of the office complex Spark located in Warsaw, Poland. Spark 1 will be nine storeys high with a total leasable area of around 12,300 square meters.

The project will offer a number of locations where both people working in the complex and local residents can gather, such as co-work space outside the building and a roof terrace accessible for all tenants. On the roof, Spark will have beehives. Additionally, the architecture will be carefully designed to meet the needs of disabled people and will be the first office building in Poland to hold a ‘building without barriers’ certificate at such an early stage. The project is expected to receive LEED Platinum certification (Leadership in Energy and Environmental Design).

Spark as a complex will comprise three office buildings with a total leasable area of over 70,000 square meters. In the third phase of the project a 130-meter high skyscraper will be built.

Construction of the first phase is due to start in July 2016 and is scheduled for completion in the first quarter of 2018.

Skanska Commercial Development Europe initiates and develops office property projects. The company’s operations are concentrated in the metropolitan areas of the Czech Republic, Hungary, Romania and Poland and are conducted in four local units: Skanska Property Czech Republic, Skanska Property Hungary, Skanska Romania and Skanska Property Poland.

For further information please contact:

Małgorzata Kubica, External Communication Manager, Skanska Poland, tel: +48 502 747 454

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

Direct line for media: +46 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 construction and project development companies, focused on selected home markets in the Nordic region, other European countries and North America. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. 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.

About Us

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 41,000 employees in selected home markets in Europe and North America. Skanska's sales in 2016 totaled SEK 151 billion.

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