One of the world's biggest construction firms is reportedly relocating its UK head office closer to Watford.

Skanska, which is currently based in Maple Cross, is said to be moving to a smaller building in Leavesden.

The Swedish based company, which is the fifth largest construction company in the world according to Construction Global magazine, currently operates its UK business from a building in Denham Way.

But a spokesperson for Skanska UK has told construction news site Building that a move is on the cards.

They said: "We are planning to move our head office to a newly refurbished building at Leavesden Park, near Watford. Following the divestment of our infrastructure service business, our current building had already become too large for our needs.

"Additionally, with the lessons we have learned about working flexibly during the Covid-19 pandemic, we will need less space, and also a different type of space which is better suited to collaborative working."

Skanska agreed to sell its infrastructure services business to M Group Services for £50m in December last year.

Notable Skanska projects include renovation of the United Nations Headquarters, the World Trade Center Transportation Hub project.

Alongside its British headquarters in Maple Cross, Skanska also has offices in London, Birmingham, Bristol, Doncaster, and Ipswich, as well as Bridgend in Wales and Motherwell in Scotland.