Skanska has secured a contract for the renovation and expansion of a commercial office building in Trondheim, Norway.  

The Nkr673m ($64.34m) contract has been signed with DNB Livsforsikring through its subsidiary Trondheim Torg.  

Situated in Trondheim's main square, the building encompasses a total area of approximately 22,200m². 

The renovation will see 17,000m² of the existing structure being upgraded while an additional 5,200m² of new office space will be constructed atop the current roof.

During renovation, the focus will be on the reuse of existing building materials.  

According to DNB, the decision to rehabilitate rather than construct a new building contributes to significantly reducing greenhouse gas emissions and the use of material resources. 

The building is targeting a Building Research Establishment Environmental Assessment Method NOR 'Very Good' certification level.

It intends to also adhere to the EU's taxonomy for sustainable activities and aims to cut greenhouse gas emissions by 50-60% during the construction phase. 

Construction is scheduled to commence this month, with completion anticipated in December 2026. The office premises will be tenanted by Trondheim Municipality. 

The order value will be recorded in Skanksa's Nordic order bookings for the first quarter of 2024. 

This development comes shortly after Skanska secured a contract to reconstruct a waterfront park and pier in New York’s Staten Island county in the US.