Skanska has secured a £142m contract from Consolidated Developments to construct the St Giles Circus development in the West End of London, UK.

Skanska is expected to include the deal in its order bookings for Europe in the third quarter of this fiscal year.

The project will combine entertainment, retail and leisure spaces, commercial offices and residential accommodation across four new buildings and a number of existing buildings.

Skanska will be required to retain some of the site's heritage elements such as façades as part of the arrangement. The company is also set to refurbish listed buildings, including some that date back to 1666.

The firm is combining its skills in design, piling and foundations, temporary works and construction to deliver the project, as well as its expertise in mechanical and electrical engineering.

"The project will combine entertainment, retail and leisure spaces, commercial offices and residential accommodation across four new buildings and a number of existing buildings."

Work under the contract has commenced and is expected to be completed during the first quarter of 2020.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Skanska is a construction company that currently has European operations in Poland, the Czech Republic, Slovakia and the UK.

The company develops commercial properties in select local markets in Poland, the Czech Republic, Romania and Hungary, and residential developments in Prague and Warsaw.

Skanska reported sales of Skr36bn last year, and employed roughly 16,500 personnel across its various European operations.


Image: St Giles Circus development. Photo: Courtesy of Skanska.