Skanska divests the office building Parallell in Oslo, Norway, for NOK 633M, about SEK 630M

Skanska has divested the office building Parallell in Oslo, Norway for NOK 633M, about SEK 630M. The buyer is Malling Core Plus 2023 AS. The transaction will be recorded by Skanska Commercial Development Nordic in the third quarter 2024. Transfer of ownership is scheduled for August 2024.

Parallell is a high-quality office building designed to provide maximum use of daylight combined with efficient and flexible floor plans. The building of approximately 19,000 square meters is 65 percent let. Tenants include Bravida, Norsk Gjenvinning and SAJA Flex. Parallell is developed and built by Skanska and was completed in 2020.

Parallell will be certified according to BREEAM-NOR Excellent. Strict environmental requirements have been set for the building throughout its life cycle, including limited use of chemicals, recycling of materials and energy-efficient solutions. The building has a dedicated focus on the well-being and health of its users and will also be health-certified to WELL Core Gold.

For further information please contact:

Synnøve Lyssand Sandberg, Managing Director, Skanska Commercial Development Norway AS, tel +47 934 44 430

Andreas Joons, Press Officer, Skanska Group, 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 its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.