Press release

Skanska invests NOK 768M , about SEK 730M, in a new residential project in Bærum, Norway

Skanska invests NOK 768M, about SEK 730M, in a new residential project at Bærum, Norway. The construction contract is worth NOK 373M , about SEK 350M, which will be included in the Nordic order bookings for the third quarter of 2025.

Image residential project Baerum - image cred EVE

The residential project Løkeberggrenda will feature 58 apartments and 28 rowhouses spread across 10 buildings.

Construction starts in the fourth quarter and is scheduled for completion in the fourth quarter of 2027.

For further information please contact:

Audun Lågøyr, EVP Communications, Skanska Norway, tel +47 93 45 25 31

Andreas Joons, Press Officer, Skanska Group, 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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Jacob Birkeland

Head of Media Relations & Public Affairs

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Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager