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Skanska

Skanska Sells Budapest Office Tower Phase for EUR 98M

Stockholm – September 25, 2026 -- Skanska has divested the second phase of its H2Offices complex in Budapest, Hungary, for EUR 98 million, roughly SEK 1.1 billion, to the ERSTE Open-Ended Real Estate Investment Fund.

Skanska records EUR 98 million Budapest office sale in Q3 2026

The buyer is represented by ERSTE Alapkezelő Zrt., and Skanska Commercial Development Europe will book the transaction in the third quarter of 2026. Property transfer is scheduled for the fourth quarter of 2027.

Global tenant secures 22,000 square meters under a 10-year lease

The second phase offers approximately 22,000 square meters of leasable area, fully let to a global company under a 10-year agreement. The building is under construction and set for completion in the first quarter of 2027.

Skanska Signs USD 84M Deal to Build 48MW Data Center in Georgia

Stockholm – September 22, 2026 -- Skanska has signed a USD 84 million contract, about SEK 780 million, with an existing client to construct a data center in Georgia, USA, with the value booked into the company's US order intake for the third quarter of 2026.

Facility spans 22,700 square meters with 48 MW of designed capacity

The project covers approximately 22,700 square meters (244,730 square feet) and includes five colocation data halls plus administrative space. The build is engineered to support 48 MW of capacity.

Skanska's scope covers full delivery from civil works to commissioning

The contract encompasses civil, structural, utilities, electrical, mechanical, security, interior amenities and fit-out work, along with commissioning of major equipment through project completion.

Skanska Wins $57M Contract to Rebuild Del Mar Traffic Corridor

Del Mar – September 07, 2026 -- Skanska has signed a USD 57 million (about SEK 530 million) contract with the City of San Diego to expand the El Camino Real corridor between Half Mile and Via De La Valle in Del Mar, California. The contract will be booked in Skanska USA's third-quarter 2026 order intake.

Contract widens El Camino Real to four lanes and replaces an 84-year-old bridge

The project will widen El Camino Real to four lanes and replace the existing San Dieguito River Bridge, which has stood for 84 years. Construction will upgrade drainage infrastructure to cut flooding risk and add riverbank stabilization to protect the corridor from erosion along the San Dieguito River.