Skanska, the Swedish construction and development company, signed a contract with developer Helical Bar to build the commercial development Creechurch Place in London, UK. The contract is worth GBP 95M.
The Creechurch Place development, in the City of London, will provide 26,000m2 of office accommodation over 21 floors. Skanska is responsible for the construction, mechanical and electrical engineering and installation of services within the main plant rooms.
The development is expected to achieve a BREEAM Excellent rating when complete.
Work is due to start in August 2014 and finish in September 2016.
Skanska UK reported revenues of about GBP 1.18B in 2013. The company is active in building and civil construction, utilities and building services, as well as facilities management and commercial development.
