Media

Skanska sells office building in Warsaw, Poland, for EUR 70 M, about SEK 720 M

Skanska sells the second building from the Spark office complex located in Warsaw, Poland, to Stena Fastigheter AB for EUR 70 M, about SEK 720 M. The transaction will be recorded by Skanska Commercial Development Europe in the fourth quarter of 2020. The transfer of the property is scheduled for the first quarter of 2021.

Skanska builds care facilities in California, USA for USD 90 M, about SEK 770 M

Skanska has signed a contract with San Mateo County to build five new buildings for Cordilleras Health System in Redwood City, California. The contract is worth USD 90 M, about SEK 770 M, which will be included in the US order bookings for the fourth quarter of 2020.

Skanska builds highway in Norway, for about NOK 3 billion, about SEK 2.9 billion

Skanska has signed a contact with the Norwegian Public Roads Administration on building a motorway between Bærum and Hole municipality in Eastern Norway. The contract is worth about NOK 3 billion, about SEK 2.9 billion, will be included in the Nordic order bookings for the fourth quarter 2020.

Skanska builds new infrastructure at Los Angeles International Airport, California, USA, for USD 335 M, about SEK 2.9 billion

Skanska has signed a contract with Los Angeles World Airports (LAWA) to serve as the design-builder for the airport authority’s Roadways, Utilities and Enabling (RUE) project. The contract is worth USD 335 M, about SEK 2.9 billion, which will be included in the US order bookings for the fourth quarter of 2020.

Skanska signs additional contracts for office improvements in western USA for about USD 198M, about SEK 1.7 billion

Skanska has signed additional contracts with an existing client for improvements to their corporate office in the western USA. The contract is a joint venture with Skanska Balfour Beatty, and is worth USD 395 M. Skanska’s part is worth about USD 198 M, about SEK 1.7 billion, which will be included in the US order bookings for the fourth quarter of 2020.

Skanska is divesting its ownership in Elizabeth River Crossings in Virginia, USA, for USD 625 M, about SEK 5.4 billion

Skanska has signed a binding Sale and Purchase Agreement (“SPA”) for its 50 percent ownership stake in Elizabeth River Crossings HoldCo, LLC, (“ERC”) in Hampton Roads Metropolitan Area, Virginia, USA for gross sale proceeds of USD 625 M (to be adjusted by transaction costs and other items), about SEK 5.4 billion. The buyer is Abertis, and Manulife Investment Management, on behalf of John Hancock Life Insurance Company (U.S.A.). The transaction will be recorded at closing under Central stream, which is expected to be in the fourth quarter of 2020.

Nine month report, January–September 2020

January-September 2020 compared to January-September 2019

Invitation to a telephone conference and webcast regarding Skanska’s Nine-month report 2020 on November 5

Skanska’s Nine-month report 2020 will be released on Thursday, November 5 at 07:30 am CET.

Skanska invests USD 65 M, about SEK 570 M, in its first Los Angeles office development project located in Beverly Hills

Skanska invests approximately USD 65 M, about SEK 570 M, in its first Los Angeles office development project located in Beverly Hills. The construction contract is worth about USD 33.3 M, about SEK 290 M, which will be included in the US order bookings for the fourth quarter 2020.

Communiqué from the Extraordinary General Meeting of Skanska AB (publ)

In accordance with the Board of Directors’ proposal, the Extraordinary General Meeting in Skanska AB (publ) on October 22, 2020 resolved to pay a dividend to the shareholders of SEK 3.25 per share.