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Skanska invests EUR 96 M, about SEK 960 M, in an office project in Helsinki, Finland

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Skanska invests EUR 96 M, about SEK 960 M, in an office project in Helsinki, Finland. The building will be the office for the European Chemicals Agency, ECHA, who signed the lease agreement in December 2017. The investment will be recorded in the first quarter of 2018. The construction contract is worth EUR 86 M, about SEK 860 M, and will be included in the order booking for the first quarter of 2018.

The eight store office building will be built at a central location in the Telakkaranta area in Helsinki. The area is one of the very last old industrial sites in downtown Helsinki and the project will include elements of the history of the site. A listed building, an old red-brick woodwork shop, will be part of the new building. Also, an old foundry building located next to the ECHA building will be entirely renovated into a conference and events center. The entire area will be transformed in to a modern hub that will also include residential and other premises.

In total the EHCA building complex will comprise about 17,500 square meters of leasable space. Work has already started, and construction of the new premises is expected to be completed in the end of 2019.

For further information please contact:

Liisa Salmela, Communications Manager, Skanska Finland tel +358 50 374 3070

Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10 448 88 08

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.

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