Skanska sells Nowy Rynek D in Poznań for €121 million

06
May
2022
News - Skanska sells Nowy Rynek D in Poznań for €121 million #Eastnine #investment #office #Poland #Poznań #Skanska

by Property Forum | Investment

Skanska has sold the Nowy Rynek D office building in Poznań, Poland, to Eastnine AB, a Swedish real estate company focused on modern and sustainable office and logistics properties. The project is designed and built-in line with environmental, social and governance (ESG) principles. It is the first transaction between the two parties in Central and Eastern Europe (CEE).


Nowy Rynek D is part of a mix-used complex located in the heart of Poznań, which will ultimately consist of five buildings and will offer over 100,000 sqm of office and retail space. Completed in June 2021, Nowy Rynek D offers around 39,000 sqm of office and retail space, which is 96% leased. The anchor tenant is Allegro, the most popular shopping platform in Poland and the largest e-commerce platform of European origin. Office spaces have also been leased, among others, by the world's leading manufacturer of stone wool Rockwool and a leading international service provider Arvato, that is a division of Bertelsmann.

Nowy Rynek has already received the WELL Health & Safety Rating and the Building without Barriers certificate. It is also expected to obtain the LEED Core & Shell, as well as the WELL Core & Shell certifications.

"The Nowy Rynek complex is an exceptional project in Poznań. Offices developed by Skanska are based on sustainable and innovative solutions, which makes them high-quality spaces aligned with the current and future needs of tenants and investors. As such, they are well-positioned to serve as long-term investments and safe and healthy spaces for users. We are very happy that these features are appreciated by our customers, as proven by the very positive feedback we continue to receive about this project", says Arkadiusz Rudzki, Executive Vice President of Leasing & Sales at Skanska’s commercial development business unit in CEE.

"It feels very exciting to be able to acquire such a prestigious property located in one of Poland's larger regional cities. We are entering a new market with great opportunities", says Kestutis Sasnauskas, CEO of Eastnine AB.

"We are very happy that this prime project has been recognized by Eastnine AB and that the company decided to commence their investments in CEE with Skanska. The acquisition of Nowy Rynek D proves that investors are ready to diversify their portfolios with new assets located in major Polish cities, and that Poland has a lot to offer in this respect. In turbulent times, well leased, core assets built in line with ESG principles are what investors look for across our region and Skanska is proud to be able to offer products that address this need", says Adrian Karczewicz, Head of Divestment at Skanska’s commercial development business unit in CEE.

Nowy Rynek D is one of the most sustainable buildings in Poznań. The use of climate-smart solutions (e.g. low-speed ventilation, chilled beams, LED lighting, free cooling, grey and rainwater systems) in both the building and office spaces resulted in considerable energy efficiency increase and water savings, respectively. Furthermore, sidewalks around the office building are made from a special type of concrete that cleans the air from harmful substances, such as those emitted from automobile tailpipes (NOx).




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New leases

  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.
  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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