Skanska to lease and start up Bassängkajen - investing SEK 240 M in a new green office project in Malmö

Skanska to lease and start up Bassängkajen - investing SEK 240 M in a new green
office project in Malmö 

Skanska is to lease 3,300 square meters of office space to Malmö University at
Universitetsholmen in central Malmö. The lease implies that Skanska will now
again start up the office project Bassängkajen. The office property will be
seven floors high with an underground garage and will include a total of 16,000
square meters of leasable space in two phases. Skanska's investment in the first
phase of 8,500 square meters amounts to approximately SEK 240 M and is scheduled
for completion in summer 2011.

Bassängkajen will be a modern office building with a distinct environmental
profile. The property will comply with requirements for the EU GreenBuilding
labeling, which means that the building's energy consumption will be at least 25
percent lower than the standard requirements for new buildings stipulated by the
Swedish Board of Housing. It will also be one of the first properties in Malmö
to be certified according to Leadership in Energy and Environmental Design,
LEED, which Skanska will be introducing in all its new properties in the Nordic
region and Central Europe. 

The premises will house Malmö University's Administration division, which
functions as the University's head office with Vice Chancellor, central
functions and student services. 

“We are happy to finally be able to gather our administration in one building,
after having been located in three different buildings for some years. The new
office also gives us efficient spaces - we will be able to use half the space
compared to today”, says Birgitta Wickman, Department Manager, Malmö University.

“Malmö University is a key cooperation partner for us at Universitetsholmen and
here we jointly present the attractive location in central Malmö close to the
waterside, an interesting and dynamic area,” says Camilla Wieslander, Marketing
and Transaction Manager at Skanska Öresund. 

“This agreement is another example of the trend for public tenants to prioritize
new, environmental and efficient premises in attractive locations. It is also a
sign that despite the financial turmoil and the economic downturn, it is
possible to lease premises and start new projects.” 

In this area, Skanska has previously developed and built office properties in
the Hjälmarekajen, Citykajen and Hovrätten blocks. 

The building assignment will be implemented by Skanska Sweden and is scheduled
for commencement in September. Negotiations for leasing the remaining space are
in progress with several interested parties. 

Skanska Commercial Development Nordic initiates and develops property projects
within office, logistics and commercial buildings. Office operations are
concentrated in the three metropolitan areas in Sweden, the Copenhagen area in
Denmark and Helsinki, Finland. Development of logistics and volume commercial
properties is conducted in strategic areas in Sweden, Denmark and Finland. 



For further information please contact:

Camilla Wieslander, Head of Marketing and Transactions, Skanska Öresund, tel.
010-448 32 89.
Peter Gimbe, Press Officer, Skanska AB, tel +46 10 448 88 38.
Direct line for media: tel +46 10 448 88 99.
Birgitta Wickman, Department Manager, Malmö Högskola, 
tel +46 40 665 70 44.

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 world's leading project development and construction
groups with expertise in construction, development of commercial and residential
projects and public-private partnerships. The Group currently has 55,000
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 2008 totaled SEK 144 billion.