Skanska Builds Life Sciences Building for University of Washington in Seattle, USA, for USD 71M, About SEK 600M

ÖSTERSUND, Sweden, Dec 14, 2016 /PRNewswire/ --

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.

CONTACT:

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

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