03.10.2016 07:51:00

Skanska invests in land in Warsaw, Poland, for EUR 22M, about SEK 200M

Regulatory News:

The land plot is located at 7/9 Lucka Street in Warsaw’s Wola district, one of the most rapidly developing parts of the city, and is planned for future office development. The estimated gross leasable potential is about 35,000 square meters and the plot is situated in proximity to other Skanska’s projects – Generation Park, Atrium 1 and Atrium 2.

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.

This information was brought to you by Cision http://news.cision.com

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