Skanska lands order in Denmark for SEK 320 million

Skanska lands order in Denmark for SEK 320 million

Skanska is developing and constructing an office project in Lyngby, north of Copenhagen. The order is valued at SEK 320 million, or about DKK 270 million, excluding VAT. The customer is Tryg-Baltica and the tenant will be Cowi, Rådgivande Ingeniörer A/S which is leasing most of the premises.

The project involves a total of 16,000 square meters of office space and 8,500 square meters of underground parking space. The office premises are being constructed in stages, starting with 12,000 square meters.

Skanska Jensen A/S, which will carry out the design-construct contract, also developed the project in cooperation with Lyngby-Tårbæk Municipality, the Danish National Railway, which sold the land, Cowi, the main tenant and the investor Tryg-Baltica.

Dissing & Weitling Arkitekter is responsible for the design after winning an architect contest with a proposal in which the offices are grouped in three-story buildings surrounding an inner courtyard. The new premises will be linked by a separate building to Cowi's existing offices in an adjacent building.

Construction work will begin in February and be completed in December 2000.

Danderyd, January 26, 1999

SKANSKA AB
Corporate Communications

For further information, contact:
Ulrik Bebe, Skanska Jensen A/S, Division Projectdevelopment
Telefon +45 44 77 99 91