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Skanska builds residential apartments in Nashville, USA, for USD 74 M, about SEK 690 M

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Skanska has signed a contract with Six South Partners, an affiliate of Charleston, to build a residential apartment building in Nashville, Tennessee, USA. The contract is worth USD 74 M, about SEK 690 M, which will be included in the US order bookings for the third quarter 2019.

Skanska will build a new 12-story, 41,600-square-meter residential apartment development with street-level retail space. The project features studio, one- and two-bedroom unit apartments as well as an amenity level, featuring a pool on top of the parking garage.

Construction began September 2019, and is scheduled for completion in August 2021.

Skanska is one of the leading construction and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 67 billion and about 9,000 employees in its operations in 2018.

For further information please contact:

Elizabeth Locke, Communications Manager, Skanska USA, tel +1 (214) 763 5255

Jacob Birkeland, Head of Media Relations, Skanska AB, tel +46 (0)10 449 19 57

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.