Tuesday, 30 June 2026
Skanska has secured a GBP 282 million contract from AshbyCapital to construct the 55 Old Broad Street office development in the City of London.
The contract, valued at approximately SEK 3.5 billion, will be included in Skanska’s European order intake for the second quarter of 2026.
The project involves the construction of a 23-storey commercial office building close to Liverpool Street Station. Once completed, the development will provide around 25,000 sqm of office space together with approximately 1,400 sqm of retail, food and beverage units and publicly accessible areas.
Skanska’s scope of work includes the complete construction of the building as well as the installation of mechanical, electrical and public health engineering systems.
The contract also covers the refurbishment of the adjacent five-storey building at 65 Old Broad Street.
Construction is scheduled to begin in October 2026, with completion expected in late 2029.
