Skanska sells office building in Lodz, Poland, for EUR 52M, about SEK 510M

Skanska has sold the office building Nowa Fabryczna in Lodz, Poland, to the real estate fund manager Niam for EUR 52M, about SEK 510M. The transaction will be recorded by Skanska Commercial Development Europe in the first quarter 2018, with the transfer of the property scheduled for the third quarter 2018.

Nowa Fabryczna is located in the New City Center in Lodz, which will combine business, commerce, residential and transport functions. It offers over 22,600 square meters leasable area and is leased to tenants such as Fujitsu, Whirlpool, Cybercom and McCormick. It is located opposite the recently completed state-of-the-art Lodz Fabryczna train station.

The project received LEED Gold certification (Leadership in Energy & Environmental Design). It will also be certified as a “Building without barriers” for its accessible design and inclusiveness for people with disabilities.

Skanska is one of the leading development and construction companies in Europe. Outside the Nordics the company has European operations in building construction and civil engineering in Poland, Czech Republic & Slovakia and UK. Skanska develops commercial properties in select home markets in Poland, Czech Republic, Romania and Hungary, while the residential development is active in Prague and Warsaw. Skanska also offers services in public private partnerships. In 2017, Skanska had sales of SEK 37 billion and about 16,000 employees in its European operations.

For further information please contact:

Aleksandra Markiewicz, Communications, Skanska Commercial Development Europe, tel +48 797 229 147

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 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.