Skanska Invests EUR 31 M, about SEK 267 M, in Office Project in Prague, Czech Republic

ÖSTERSUND, Sweden--()--Regulatory News:

Skanska (STO:SKAB) invests EUR 31 M, about SEK 267 M, in the Corso Court office project located in Prague, Czech Republic. Corso Court has a total office leasable area is around 17,000 square meters.

The office will feature a number of sustainable solutions to minimize the building’s environmental footprint and significantly reduce its operating costs. Among other things it will have a high-performance façade with a high level of daylight provision, and as with other Skanska projects a strong emphasis on the environmental quality inside the building. The project will apply for LEED certification at level Gold.

Construction has started and will be completed in the third quarter 2015.

Skanska Commercial Development Europe initiates and develops property projects in office, logistics and commercial buildings. The company’s operations are concentrated in metropolitan areas in the Czech Republic, Hungary, Romania and Poland and are conducted in four local units: Skanska Property Czech Republic, Skanska Romania, Skanska Property Hungary and Skanska Property Poland.

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 projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 57,000 employees in selected home markets in Europe, in the US and Latin America. Skanska's sales in 2012 totaled SEK 132 billion.

This and previous releases can also be found at www.skanska.com

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Contacts

Skanska Property Czech Republic
Lenka Kůsová
Communications and Marketing Specialist,
tel: +420 739 220 993
or
Skanska AB
Edvard Lind
Head of Media Relations
tel +46 10 448 88 08
or
Direct line for media: tel +46 10 448 88 99

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Contacts

Skanska Property Czech Republic
Lenka Kůsová
Communications and Marketing Specialist,
tel: +420 739 220 993
or
Skanska AB
Edvard Lind
Head of Media Relations
tel +46 10 448 88 08
or
Direct line for media: tel +46 10 448 88 99