Nordic construction giant Skanska has sold two office projects in Poland to Stena Real Estate, an international property firm that is part of the privately owned Swedish Stena Group, for €128 mln.
The first phase of the Centrum Poludnie complex in Wroclaw, consisting of two joint office buildings, and the last building of the High5ive complex in Krakow, comprise 39,400 m2 of sustainable office space, according to Skanska.
The deal marks the second transaction between the two parties in CEE since the the sale of the second building from the Spark office complex in Warsaw in 2020.
Sofia Granlund, managing director, Stena Real Estate said: 'We are following our plan to grow our property portfolio in Poland with sustainable modern high-quality products and with this transaction we are now established in the three major cities Warsaw, Krakow and Wroclaw.
'We are looking forward to welcome new tenants to Stena in the spring and appreciate the good relationship we have built in Poland with both Skanska and our advisors through this smooth transaction.'
The first stage of Centrum Poludnie offers 28,215 m2 of office and retail space, which is 69.5% leased. The scheme forms part of a multi-stage complex that will ultimately offer 85,000 m2 of modern office and retail space. Construction of the first phase ended in July 2020.
The final, third phase of the Skanska’s High5ive office complex, which has a leasable area of 11,250 m2 and is 99% leased, will be the first Skanska office building in Krakow to hold a Well certificate. Its construction is scheduled to be concluded in the first quarter of 2022.
Arkadiusz Rudzki, executive vice president of leasing & sales at Skanska’s commercial development business unit in CEE said: 'We are proud to conclude another transaction with Stena, which comprises an office portfolio of our investments in Wroclaw and Krakow.
'It shows that our projects continue to gain the interest of investors and that Skanska is a reliable and safe partner. Our offices represent the most innovative solutions in terms of sustainability and certification, which make them high-quality workplaces adjusted to today’s needs, from the tenant’s perspective, along with the investors.'
