Skanska to construct commercial building in London, UK, for GBP 45M, about SEK 550M
Skanska has signed a fixed price contract worth GBP 45M, about SEK 550M, to construct the Copyright Building for Derwent London. The order will be included in order bookings for Skanska UK in the first quarter 2016.
Designed by Piercy & Company, the 9,800 square meters scheme comprises a mixture of office and retail space. Skanska is responsible for the design, construction, mechanical and electrical engineering and ceiling installation within this new development.
The team is targeting the BREEAM Excellent environmental standard, using sustainable approaches throughout the construction phase and installing solar panels on the building’s green roof.
Works are expected to be completed in autumn 2017.
Skanska UK reported revenues of about SEK 18 billion in 2015. It has around 5,500 employees. The company is active in building and civil construction, utilities and building services, as well as facilities management and commercial development. In the UK, Skanska is a leader in public private partnerships, PPPs, also known as Privately Financed Initiatives, PFIs.
For further information please contact:
Kevin Perlmutter, Communications, Skanska UK, tel +44 1923 423906 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 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 totalled SEK 155 billion.
