Skanska invests in land in Warsaw, Poland, for EUR 43M, about SEK 410M

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

Skanska (STO:SKAB) has acquired about 3,000 square meters of land in Warsaw, Poland. The total investment amounts to EUR 43M, about SEK 410M.

The plot is located next to the ONZ Roundabout, in the central location of the city. The estimated gross leasable potential is about 60,000 square meters. With this purchase, Skanska Property Poland will become a significant developer in the area between the ONZ and Daszyńskiego roundabouts in Warsaw.

The plot is situated in the vicinity of other Skanska projects in the city center and rapidly growing Wola district – Generation Park and Spark being under construction, Atrium 1, and Atrium 2 which has just been officially opened.

Skanska Commercial Development Europe initiates and develops office property projects. The company’s operations are concentrated in the metropolitan areas of 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.

The information provided herein is such as Skanska AB is obligated to disclose pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, other European countries and North America. 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 currently has 43,100 employees in selected home markets in Europe and North America. Skanska's sales in 2015 totaled SEK 155 billion.

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Contacts

For further information please contact:
Małgorzata Kubica, External Communication Manager,
Skanska Poland, tel: +48 502 747 454
or
Andreas Joons, Press Officer,
Skanska AB, tel +46 (0)10 449 04 94
or
Direct line for media:
+46 10 448 88 99
This and previous releases
can also be found at www.skanska.com

Contacts

For further information please contact:
Małgorzata Kubica, External Communication Manager,
Skanska Poland, tel: +48 502 747 454
or
Andreas Joons, Press Officer,
Skanska AB, tel +46 (0)10 449 04 94
or
Direct line for media:
+46 10 448 88 99
This and previous releases
can also be found at www.skanska.com