Skanska Invests EUR 24 M, about SEK 206 M, in Phase II of Office Project in Krakow, Poland

Skanska invests EUR 24 M, about SEK 206 M, in the second phase of Kapelanka 42, the first office project by Skanska in Krakow, Poland.

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

Skanska (STO:SKAB) started the first phase of the project in October 2012. The Kapelanka 42 complex will comprise two class A office buildings, each with 9 storeys above ground and 3 underground. The combined leasable area will be about 30,000 square meters. The entire complex will be completed in the third quarter 2014.

The office property will feature innovative green solutions minimizing its impact on the natural environment and significantly reducing operating costs for tenants. Kapelanka 42 has been pre-certified at LEED Gold level.

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 Property Hungary, Skanska Romania 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 properties and residential projects as well as public-private partnerships. Based on the Group’s global environmental know-how, Skanska aims to be a leader in the development and construction of green projects. The Group currently has 57,000 employees in selected home markets in Europe, the U.S. and Latin America. Skanska’s revenue in 2012 totaled SEK 132 billion (EUR 15.2 billion).

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Contacts

For more information, please contact:
Skanska Property Poland
Jakub Zagórski
Communications and Marketing Manager
tel: +48 797 229 117
or
Skanska AB
Edvard Lind
Head of Media Relations
tel +46 10 448 88 08
or
Direct line for media: +46 10 448 88 99
This and previous releases can also be found at www.skanska.com

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Contacts

For more information, please contact:
Skanska Property Poland
Jakub Zagórski
Communications and Marketing Manager
tel: +48 797 229 117
or
Skanska AB
Edvard Lind
Head of Media Relations
tel +46 10 448 88 08
or
Direct line for media: +46 10 448 88 99
This and previous releases can also be found at www.skanska.com