Skanska has been contracted to rebuild and expand an office building in London. The contract amount is £50 million (approx. €69 mln), which is included in order bookings for the first quarter of 2007. The customer is the Land Securities property company.
The contract involves a 15-story existing building, Dashwood House, near Old Broad Street in the City of London. The project includes partial demolition, including the existing machinery plant, external cladding and full strip out of the interior. The building framework will be retained and a further four floors will be added. The external paved and planted areas will be upgraded.
The project comprises a total of 20,000 m² of office space and nearly 700 m² of retail space.
Work starts immediately, with completion scheduled for September 2008.