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).




Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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