Skanska to sell development property in Houston, Texas for USD 112 M, about SEK 730 M


Skanska is selling the office property at 3009 Post Oak Boulevard in Houston,
Texas. The selling price amounts to USD 112 M, about SEK 730 M and the buyer is
Post Oak Building LLC. The transaction will be recorded and settled in the third
quarter 2013.
The 3009 Post Oak project is Skanska’s first completed commercial development
project in Houston. It is a twenty story, 28,000 square-meter office building
with 12 stories of office space sitting atop an eight story parking garage,
located in the premiere Uptown/Galleria submarket of Houston.

The building is LEED pre-certified at Platinum level and includes high efficient
glass façade, energy recovery wheel and occupancy monitoring systems that
focuses on maximizing energy efficiency and operational savings. In addition,
the building has a sophisticated lighting control system for the office and
garage areas as well as water savings with a rainwater collection system used
for landscape irrigation.

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 selected U.S. markets. Headquartered in New York, Skanska
USA has approximately 8,300 employees and revenues in 2012 were SEK 37.3
billion.
For further information, please contact:

Jessica Murray, Head of Communications – Project Development, Skanska USA, tel
+1 404 946 7468

Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10-448 88 08

Direct line for media: tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com
Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Markets Act.
Skanska is one of the worldʼs leading project development and construction
groups with expertise in construction, development of commercial and residential
projects and public-private partnerships. Based on its global green experience,
Skanska aims to be the clients' first choice for Green solutions. The Group
currently has 57,000 employees in selected home markets in Europe, in the US and
Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm
Stock Exchange, Skanska's sales in 2012 totalled SEK 132 billion.

Attachments

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