Skanska buys land in Stockholm, Sweden, for about SEK 340M

Skanska has acquired approximately 6,600 square meters of land in Hammarby Sjöstad, Stockholm, Sweden from the City of Stockholm. The total investment amounts to about SEK 340M.

On the land plot, Skanska plans to develop two more office buildings within the framework of the Sthlm New development project, within which five office buildings have previously been developed or are under development. The building right covers approximately 31,000 square meters.

The area is one of Stockholm's fastest growing workplace areas with high sustainability ambitions. The ongoing expansion of Stockholm's new metro will further strengthen the public transport situation and the development of Sthlm New, which covers a total of approximately 100,000 square meters, and is estimated to create an additional 8,000-10,000 jobs.

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 Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2021 revenue totaling SEK 148 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 30,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.