Tag Archives: Skanska

Skanska to invest in Beverly Hills office development project

(PRESS RELEASE) STOCKHOLM, 29-Oct-2020 — /EuropaWire/ — Multinational construction and development company Skanska (STO: SKA-B) announces it will invest USD 65 million (~ SEK 570 million / EUR 56 million), in its first Los Angeles office development project, which will … Read the full press release

Gråsjø and Trollheim hydro electric power plant dams and flood gate in Norway to be modernized by Skanska

(PRESS RELEASE) STOCKHOLM, 9-Oct-2020 — /EuropaWire/ — Multinational construction and development company Skanska announces contract with Statkraft Energi AS for the refurbishment and upgrade of four dams and one flood gate. The dams serve as reservoirs for Gråsjø and Trollheim … Read the full press release

Skanska sells sustainable retirement home in Stockholm, Sweden for more than 30M EUR

(PRESS RELEASE) STOCKHOLM, 17-Jun-2020 — /EuropaWire/ — Multinational construction and development company, Skanska sells its sustainable retirement home in the new district of Täby Park in Stockholm, Sweden. The 80-apartment property was sold to SPP Fastigheter for more than 30M … Read the full press release

Skanska to rehabilitate and restore maintenance facilities for next-gen high-speed rail service in Northeast region, USA

(PRESS RELEASE) STOCKHOLM, 14-Apr-2020 — /EuropaWire/ — Skanska and Amtrak sign contract for the rehabilitation and restoration of maintenance facilities for the Next Generation Acela 21 high-speed rail service in Washington, D.C., Boston, and New York, USA. The USD 40 … Read the full press release

Skanska sells Solna United office building to a fund managed by DWS for more than 300 million euros

(PRESS RELEASE) STOCKHOLM, 21-Feb-2020 — /EuropaWire/ — Skanska announces divestiture of an office building in Solna, Sweden for about SEK 3.3 billion (more than 300 million euros). Solna United, located next to Solna station in Arenastaden, was acquired by a … Read the full press release

Skanska to build 25-storey commercial building in Central London for EUR 286 million

(PRESS RELEASE) STOCKHOLM, 13-Feb-2020 — /EuropaWire/ — Skanska to construct the commercial office building 20 Ropemaker Street in Central London, UK. The contract worth around 286 million euros (GBP 240 M/ SEK 3.0 billion) was signed with Great Elm Assets … Read the full press release

Skanska to design and build new bridge connecting Newburg, Maryland, and Dahlgren, Virginia, USA

(PRESS RELEASE) STOCKHOLM, 11-Feb-2020 — /EuropaWire/ — Skanska will design and build the new Governor Harry W. Nice Memorial/Senator Thomas “Mac” Middleton Bridge over the Potomac River, USA. The contract was signed with Maryland Department of Transportation – Maryland Transportation … Read the full press release

Czech Republic: Skanska to upgrade the old D1 Motorway under CZK 1.4 billion agreement

(PRESS RELEASE) STOCKHOLM, 22-Jan-2020 — /EuropaWire/ — Construction and development company, Skanska, is set to modernize the 14-kilometer D1 motorway in Czech Republic under the CZK 1.4 billion (SEK 580 million) contract with the Road and Motorway Directorate.  The oldest … Read the full press release

Skanska sells 90% interest in the Bank of America Tower office property in Houston, Texas, USA for USD 373 M, about SEK 3.5 billion

(PRESS RELEASE) STOCKHOLM, 11-Dec-2019 — /EuropaWire/ — Skanska sells 90 percent interest in the Bank of America Tower office property in Houston, Texas, USA to an affiliate of Beacon Capital Partners. The transaction amounts to USD 373 M, about SEK … Read the full press release

Construction company Skanska bought 26,200 sq. m. of land in Bucharest, Romania for EUR 24 million

(PRESS RELEASE) STOCKHOLM, 3-Dec-2019 — /EuropaWire/ — Construction and project development company Skanska announced it has acquired some 26,200 square meters of land in Bucharest, Romania. The land was bought from Intero Property Development Estates SRL as the price agreed … Read the full press release

GlobalConnect to lease 9,250 square meters at CPH Highline in Copenhagen from Skanska

(PRESS RELEASE) STOCKHOLM, 6-Nov-2019 — /EuropaWire/ — Skanska signs 8-year lease on 9,250 square meters and 115 parking spaces at the office complex CPH Highline in Copenhagen, Denmark. The lease contract was signed with GlobalConnect A/S which will move into … Read the full press release

Skanska takes part in major transformation of Ulven district in Oslo

(PRESS RELEASE) STOCKHOLM, 17-Sep-2019 — /EuropaWire/ — Skanska signs contract with Obos to build 168 apartments in Oslo, Norway. The NOK 344 M (about SEK 370 M) worth project is part of a major transformation of the Ulven district in … Read the full press release

Skanska selected to construct and develop 13-acre high school campus in Burien, Washington, USA

(PRESS RELEASE) STOCKHOLM, 28-Aug-2019 — /EuropaWire/ — Skanska signed USD 113.5 M (about SEK 1.1 billion) worth contract to build a replacement high school for Highline Public Schools in Burien, Washington, USA. The contract will be included in the US … Read the full press release

Skanska selected to build new headquarters of Jabil Inc. in St. Petersburg, Florida

(PRESS RELEASE) STOCKHOLM, 1-Apr-2019 — /EuropaWire/ — Skanska to rebuild Jabil Inc.’s headquarters in St. Petersburg, Florida, USA. Skanska signed contract with BA Leasing BSC, LLC worth USD 57 M, about SEK 520 M for the project. The contract will … Read the full press release

Skanska lands EUR 42 million incremental expansion construction contract for a manufacturing facility in western USA

(PRESS RELEASE) STOCKHOLM, 6-Mar-2019 — /EuropaWire/ — Skanska has signed a contract for the construction of a manufacturing facility in western USA. The contract is an incremental expansion, worth around EUR 42 million (~ USD 48 M / ~ SEK … Read the full press release

City of Stockholm hires Skanska for the renovation of the Stockholm House of Culture & City Theatre

(PRESS RELEASE) STOCKHOLM, 22-Feb-2019 — /EuropaWire/ — The City of Stockholm has signed an agreement with the construction company Skanska to have the Stockholm House of Culture & City Theatre in central Stockholm, Sweden renovated. The renovation will cost the City of Stockholm around SEK 550 M … Read the full press release

Skanska sold buildings C and D of the Silesia Business Park office complex in Katowice to ISOC Group

STOCKHOLM, 05-Dec-2018 — /EuropaWire/ — Skanska has sold buildings C and D of the Silesia Business Park office complex in Katowice. The buyer is ISOC Group, a diversified real estate and infrastructure investment group, based in Manila, Philippines. The value of … Read the full press release

Skanska to invest EUR 24 million in the second phase of Brama Miasta, an office development in Łódź, Poland

STOCKHOLM, 05-Dec-2018 — /EuropaWire/ — Skanska has invested EUR 24 M, about SEK 250 M, in the second phase of Brama Miasta, an office development in Łódź, Poland. The second phase with a total leasable area of around 13,600 square meters … Read the full press release

Skanska divests Bergskvadraten development project in Norrköping, Sweden to Rikshem

STOCKHOLM, 05-Dec-2018 — /EuropaWire/ — Skanska divests Bergskvadraten development project in Norrköping, Sweden, to Rikshem for about SEK 490 M. The block contains 101 apartments with garage and 72 nursing homes. The project is developed by Skanska Sweden. The divestment will … Read the full press release

Skanska commissioned by Skandrenting to build the ESS Campus in Lund, Sweden

STOCKHOLM, 15-Nov-2018 — /EuropaWire/ — Skanska has been commissioned by Skandrenting, through wholly owned subsidiary SKR Spallation AB, to build the ESS Campus, which consists of offices, laboratories and workshops in Lund, Sweden. The agreement is worth approximately SEK 475 M, … Read the full press release

Skanska’s Capitol Tower office development in Houston, Texas, USA now 72% leased following major contract with Waste Management Inc.

STOCKHOLM, 15-Nov-2018 — /EuropaWire/ — Skanska has signed a 15-year lease with Waste Management Inc. for 284,000 square feet (26,384 square meters) for its corporate headquarters, at the Capitol Tower office development in Houston, Texas, USA. Waste Management, Inc. will take … Read the full press release

Skanska to build four new school buildings in Harrison, OH, USA

STOCKHOLM, 15-Nov-2018 — /EuropaWire/ — Skanska has signed a contract with Southwest Local School District and the Ohio Facilities Construction Commission to build four new school buildings in Harrison, OH, USA. Skanska, leading a joint venture with Megen Construction Company, Inc., … Read the full press release

Skanska sold combined retirement home and rental apartments for senior citizens in Älvängen, Sweden

STOCKHOLM, 13-Jun-2018 — /EuropaWire/ — Skanska has sold a combined retirement home and rental apartments for senior citizens in Älvängen, Sweden, for an underlying property value of about SEK 310 M. The buyer is Rikshem. The project is developed by … Read the full press release

Skanska to build a new education facilities for the University of Bergen in Norway

STOCKHOLM, 13-Jun-2018 — /EuropaWire/ — Skanska has signed a contract with the University of Bergen to build a new education facilities at the campus area in Bergen, Norway. The contract is worth NOK 295 M, about SEK 310 million, which will … Read the full press release

Skanska begins GBP 141 M worth construction of mixed-use scheme in London

Skanska has signed a contract with The Olayan Group to build K1 Knightsbridge, a mixed-use scheme in London, UK, that combines commercial, residential and retail development. The contract is worth GBP 141 M, about SEK 1.6 billion, which will be … Read the full press release

Skanska sold the office building Laboratoriet 5 in Solna, Sweden to Atlasmuren Fastigheter AB

STOCKHOLM, 26-Apr-2018 — /EuropaWire/ — Skanska has sold the office building Laboratoriet 5 in Solna, Sweden to Atlasmuren Fastigheter AB for about SEK 200 M. The transaction will be recorded by Skanska Commercial Development Nordic in the second quarter 2018. … Read the full press release

Skanska’s annual Safety Week: launch of virtual classroom developed by Spinview in cooperation with Swedish brain researcher Katarina Gospic

STOCKHOLM, 26-Apr-2018 — /EuropaWire/ — Skanska’s annual Safety Week is this year dedicated to “Health and Well-being”. As part of increasing awareness around what affects our mental health and our well-being, Skanska will be launching a virtual classroom developed by Spinview … Read the full press release

Skanska to build production and storage facility in Gliwice, Poland

Skanska has signed a contract with Johnson Matthey for the construction of a production and storage facility in Gliwice, Poland. The contract is worth PLN 128 M, about SEK 300 M, which will be included in the order bookings for … Read the full press release

Skanska signs EUR 200M green multi-currency revolving credit facility to back up its Green Projects

STOCKHOLM, 04-Dec-2017 — /EuropaWire/ — Skanska has signed a EUR 200M green multi-currency revolving credit facility. The facility carries a tenor of 2 years with an option for a 1-year extension. The facility is signed by Skanska Financial Services, with the … Read the full press release

Skanska signs with Duke University to build the Hollows West Campus Residence Hall in Durham, North Carolina

STOCKHOLM, 04-Dec-2017 — /EuropaWire/ — Skanska has signed a contract with Duke University to build the Hollows West Campus Residence Hall in Durham, North Carolina, USA. The final phase of the contract is worth USD 61M, about SEK 520M, which will … Read the full press release