Wednesday, 11 February 2026
Skanska has signed a contract with British Land and GIC, acting through the Broadgate joint venture, to carry out the full construction and mechanical and electrical services installation for the One Appold Street redevelopment in London. The contract is valued at GBP 273 million, approximately SEK 3.4 billion, and will be recorded in Skanska’s European order bookings for the first quarter of 2026.
One Appold Street, originally completed in 1986 as part of a wider development in the City of London, is set to undergo a comprehensive transformation into a modern commercial office building with updated sustainability and design standards. The project includes a structural refurbishment involving the replacement of the existing façade, the expansion of floorplates on all sides and the addition of six new storeys to the current steel structure.
Upon completion, the scheme will comprise a 14-storey building providing around 33,500 sq m of office accommodation, alongside approximately 4,500 sq m dedicated to amenities including gym and restaurant facilities and a rooftop terrace.
