Skanska signs new tenant lease at Capitol Tower in Houston, Texas, USA

Skanska has signed a 15-year lease with Winston & Strawn LLP for 5,800 square meters at its Capitol Tower office development in Houston, Texas, USA. The law firm will take occupancy in 2020. With this transaction, the office portion of the building is now 81 percent leased.

Currently under construction, Capitol Tower is a 35-story office tower in a prime downtown Houston location with about 70,000 square meters of office space and 2,400 square meters of retail space. The office is the first project in Texas to reach LEED v4 Platinum precertification from the U.S. Green Building Council (USGBC). The building will use 25 percent less energy than typical facilities.

Skanska began construction in April 2017 and expects to complete construction in the second quarter of 2019.

Skanska USA Commercial Development has invested about USD 2 billion, about SEK 18 billion, in projects since 2009 and has developed corporate headquarters for Bank of America, Brooks Sports, PwC and Tommy Bahama.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

For further information please contact:

Beth Miller, Vice President Communications, Skanska USA, tel: +1 917 438 45 23

Patric Elmén, Acting Head of Media Relations, Skanska AB, tel: +46 (0)10-449 31 34

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 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.

About Us

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 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.

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