Skanska has signed a contract with Zurich Insurance to build a new commercial office in Swindon, UK. The contract is worth GBP 37 M, about SEK 450 M, which will be included in the order bookings for Europe for the third quarter 2020.

Skanska will construct approximately 9,300 square meters of office space over six floors, featuring a terrace at roof level. Skanska is also responsible for the mechanical, electrical and plumbing engineering services and will provide the specialist piling ground engineering solutions.

The building is expected  to achieve a BREEAM rating of `Excellent' on completion.

Construction work starts July 2020 and is scheduled to complete April 2022.

Skanska is one of the leading development and construction companies in Europe. Outside the Nordics, the company has operations in building construction and civil engineering in Poland, Czech Republic & Slovakia and the UK. Skanska develops commercial properties in select home markets in Poland, Czech Republic, Romania and Hungary, while residential development is active in Poland, Czech Republic and in the UK with the BoKlok concept. In 2019, Skanska had sales of SEK 33 billion and about 11,700 employees in its European operations outside the Nordics.

For further information please contact:

Kevin Perlmutter, Head of Corporate Communications, Skanska UK, tel +44 7968 221160

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.

Skanska is a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group's values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 35,000 employees, and 2019 revenue totalled SEK 177 billion.

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