Skanska invests NOK 750M, about SEK 760M, in residential project Røa X in Oslo, Norway

Skanska invests NOK 750M about SEK 760M in residential project Røa X at Røa in Oslo, Norway. The construction contract is worth NOK 322M, about SEK 320M, which will be included in the Nordic order bookings in the fourth quarter 2023.

The project consists of 56 apartments spread over four buildings and two commercial sections. 18 of the 56 apartments have been sold so far.

Construction is planned to start early January 2024 and the project is planned to be completed in the second quarter of 2026.

For further information please contact:

Pål Aglen, EVP, Skanska Property Development Norway, tel +47 99 38 92 24

Audun Lågøyr, EVP Communication, tel +47 93 45 25 31

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 2022 revenue totaling SEK 162 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 28,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.