Skanska builds major commercial office building in London, UK, for GBP 273M, about SEK 3.4 billion

Skanska builds major commercial office building in London, UK, for GBP 273M, about SEK 3.4 billion News provided by Skanska Feb 10, 2026, 02:42 ET Share this article Share to X Share this article Share to X STOCKHOLM , Feb. 10, 2026 /PRNewswire/ -- Skanska has signed a contract with British Land and GIC, as part of the Broadgate joint venture, to deliver the full construction and mechanical & electrical services installation of One Appold Street in London, UK. The contract is worth GBP 273M, about SEK 3.4 billion, which will be included in order bookings for Europe for the first quarter of 2026. One Appold Street, originally completed in 1986 as part of major development in the City of London, will be transformed into a modern, state-of-the-art and sustainable commercial space. The structural refurbishment involves replacing the current facade, expanding the floorplates in all directions, and adding six new floors to the existing steel frame. This will result in a 14-storey building with approximately 33,500 square meters (360,000 sq ft) of high-quality office space and 4,500 square meters (48,000 sq ft) for gym, restaurant facilities and a roof terrace. Construction begins in the first quarter of 2026 and is expected to be completed in 2029. For further information please contact: Matthew Woodhouse, Senior Communications Business Partner, Skanska UK, mtel +44 (0) 739 209 8683 Andreas Joons, Press Officer, Skanska Group, tel +46 76 870 75 51 Direct line for media, tel +46 (0)10 448 88 99 This and previous releases can also be found at www.skanska.com . This information was brought to you by Cision http://news.cision.com https://news.cision.com/skanska/r/skanska-builds-major-commercial-office-building-in-london--uk--for-gbp-273m--about-sek-3-4-billion,c4304928 The following files are available for download: https://mb.cision.com/Main/95/4304928/3924990.pdf 20260210 UK commercial office https://news.cision.com/skanska/i/image-1---uk-one-appold-street,c3509008 Image 1 - UK One Appold Street https://news.cision.com/skanska/i/image-2---uk-one-appold-street,c3509009 Image 2 - UK One Appold Street SOURCE Skanska 21 % more press release views with Request a Demo × Modal title