Skanska invests DKK 277 M, about SEK 340 M, in the first phase of office project in Ørestad City, Denmark

Skanska is investing DKK 277 M, about SEK 340 M, in the first phase of a new office complex in Ørestad City, Denmark.

The first phase will have a leasable area of around 11,500 square meters office space, of which Sweco Danmark will rent 10,500 square meters from april 2018. The second phase will add about 12,800 square meters.

The project is expected to receive a DGNB Gold certification.

Construction of the first phase is due to start in April 2016 and is scheduled for completion April 2018.

Skanska Commercial Development Nordic initiates and develops property projects in offices, logistics, business premises and commercial buildings. The company’s operations are concentrated in the three metropolitan regions in Sweden, the Copenhagen region in Denmark, the Oslo region in Norway, as well as Helsinki in Finland. The development of logistic properties are conducted in strategic locations in Sweden.

For further information please contact:

Peter Nymann-Jørgensen, Managing Director, Skanska A/S, tel +45 21 68 61 02

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 AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnerships projects. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 43,100 employees in selected home markets in Europe and North America. Skanska's sales in 2015 totaled SEK 155 billion.