By Christina Zander

STOCKHOLM--Swedish builder Skanska (SKA-B.SK) said Wednesday it won a SEK3.7 billion ($442 million) contract for the construction management of a research and development center and corporate headquarters for AstraZeneca PLC in the U.K.

The contract will be included in the order bookings for Skanska U.K. in the first quarter of 2015.

Work has started and is expected to be completed in 2017. The client will begin occupying the site at the end of 2016.

At 0954, shares were up 1.8% at SEK207.10

Write to Christina Zander at christina.zander@wsj.com

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