Skanska builds new premises for Akademiska Hus at the University of Gothenburg, Sweden, for about SEK 1.2 billion

Skanska has signed a contract with Akademiska Hus to build a new building for the Faculty of Science at the University of Gothenburg, Sweden. The contract is worth about SEK 1.2 billion, which will be included in the order bookings for Sweden for the fourth quarter 2019.

The project includes two new seven-storey building bodies, as well as an intermediate part that contains the atrium and meeting rooms. The building which covers about 32,000 square meters in total will contain advanced lab environments, but also class rooms and offices. The premises are given a flexible design that can be changed according to the university's future needs. In addition, a connecting building of about 2,000 square meters will be rebuilt.

The investment enables the university to gather large parts of its activities within the Faculty of Science, which includes about 3,000 students and 500-600 employees, in one place. The building will also be an important piece to continue the development on the campus Medicinareberget.

Construction will start immediately, and the project will be completed in the second quarter of 2023.

Skanska is one of the leading development and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska had sales of about SEK 67 billion and more than 15,500 employees in its Nordic operations during 2018.

For further information please contact:

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 a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 38,000 employees, and 2018 revenue totaled SEK 170 billion.