Skanska signs major lease at 121 Seaport in Boston, USA

Skanska has signed a lease with PTC for about 250,000 square feet, 23,125 square meters, at its 121 Seaport office development in Boston, USA. The lease agreement is for 18.5 years and occupancy will take place in early 2019, when PTC moves its global headquarters to 121 Seaport. With this first lease, the building is 63 percent leased.

PTC, listed on NASDAQ, is a global provider of technology that transforms how companies design, manufacture, operate and service the “things” in the Internet of Things (IoT).

Located in Boston’s Innovation District, 121 Seaport is a 17-story, 400,000-square-foot, 37,000-square-meter, Class-A office building, targeting LEED Platinum certification. The building is on target for completion in the first quarter of 2018.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska also offers services in public-private partnerships. Skanska USA had sales of SEK 59 billion in 2016 and had about 9,300 employees in its operations.

For further information please contact:

Beth Miller, Communications, Skanska USA, tel +1 917 438 4523

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 is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. 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 has about 41,000 employees. Skanska's sales in 2016 totaled SEK 151 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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