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2016-12-14

Skanska: Skanska builds Life Sciences Building for University of Washington in Seattle, USA, for USD 71M, about SEK 600M

Skanska has signed a contract with the University of Washington to
build the school's new Life Sciences Building and Greenhouse. The
contract is worth USD 71M, about SEK 600M, which will be included in
the order bookings for Skanska USA Building for the fourth quarter
2016.

The new 7-story building will include about 16,000 square meters of
laboratory space and classrooms. Additionally, Skanska will construct
1,400 square meters of new greenhouse space.

Construction is under way with completion scheduled for summer 2018.

Skanska USA is one of the leading development and construction
companies in the country, consisting of four business units: Skanska
USA Building, which specializes in building construction; Skanska USA
Civil, specialized in civil infrastructure; Skanska Infrastructure
Development, which develops public-private partnerships; and Skanska
USA Commercial Development, which develops commercial projects in
select U.S. markets. Headquartered in New York, Skanska USA has more
than 10,000 employees and its 2015 revenues were SEK 54.5 billion.

For further information, please contact:

Jay Weisberger, Communications, Skanska USA, tel +1 206 494 54 69

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

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

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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http://news.cision.com/skanska/r/skanska-builds-life-sciences-building-f...
http://mb.cision.com/Main/95/2149592/603502.pdf

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