Skanska sells office building in Warsaw for €70 million

03
Dec
2020
News - Skanska sells office building in Warsaw for €70 million #office #Poland #Skanska #Warsaw

by Property Forum | Office

Skanska has sold the second building from the Spark office complex in Warsaw to Stena Fastigheter AB, one of Sweden's largest private real estate companies and part of the privately owned Stena Group.


For the Swedish investor it is the first property acquisition in Central and Eastern Europe. It is the second office building in the Polish capital sold by Skanska this year.

“In these uncertain times, trust and partnerships are important capital. We are very glad that Stena is entering the CEE market and is doing so with a longstanding partner like Skanska. Our continuous goal is to deliver safe, healthy, green and innovative, future-proof workplaces, and the Spark office complex is one of them. This is the second office building in Warsaw we have sold this year. After the divestment of Generation Park Z in March, we have been offering our other assets while observing the growing interest in core offices on the market in the latter part of the year. I believe that nowadays quality and safety is key from the tenants’ and investors’ perspectives. Skanska provides both,” said Arkadiusz Rudzki, Executive Vice President of Leasing & Sales at Skanska commercial development business unit in CEE.

“We are excited to aquire the Spark B building – a smart and sustainable office building situated in the fastest growing business and office districts in Warsaw. We´ve been looking to enter Poland and Warsaw for some time and the Spark B building fits the perfect picture, it´s modern, future proofed and certified by LEED Platinum and built to comply with WELL Gold,” says Cecilia Fasth, CEO at Stena Fastigheter AB.

The Spark office complex is located in Warsaw City Center West, the most desirable and dynamically growing business area in Warsaw. The sold building has a total leasable area of approx. 19,000 sqm and 144 underground parking places. The property has international, as well as domestic tenants including UPC Polska, PCF Group, PKO Faktoring, and INC Research (Syneos).

 

 

 




New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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