Skanska divests Norra Hamnen Kubiklager in Malmö, Sweden, for SEK 285 M

Skanska has sold the logistics property Norra Hamnen Kubiklager in Malmö, Sweden, for SEK 285 M. The buyer is a fund managed by Genesta Property Nordic AB. The sale will be booked by Skanska Commercial Development Nordic in the first quarter of 2019. The transfer of the property will take place during February 2019.

Norra Hamnen Kubiklager, which was developed and built by Skanska, was completed in 2018 and is located in the heart of the region's new logistics center, Malmö Industrial Park. In total, the property comprises about 19,600 square meters of warehouse and office space. Norra Hamnen Kubiklager is currently leased to Copenhagen Malmö Port AB and Stena Retail & Food Services in Sweden AB.

From Norra Hamnen Kubiklager you can quickly reach the larger road network, especially the E6/E20, as well as the Öresund Bridge to Copenhagen and the continent. The area has been developed to meet future opportunities and be a hub in the Öresund region, close to Copenhagen.

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 offers services in public-private partnerships. Skanska had sales of about SEK 65 billion and more than 15,000 employees in its Nordic operations during 2017.

For further information please contact:

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.